12, GARTHORPE DRIVE, MELTON MOWBRAY, LE13 1EX - £258,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

12 GARTHORPE DRIVE is a midsized extended detached house of 108m², built sometime between 1967 and 1975. It was last sold for £258,000 in December 2020, which was around 25% below the average December 2020 detached price in the Melton local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

12 GARTHORPE DRIVE Sold Prices

Land registry data shows five sales for 12 GARTHORPE DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the five 12 GARTHORPE DRIVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 10 DEC	£258,000	£346,083	25% below HPI
2013 29 NOV	£173,000	£241,423	28% below HPI
2011 7 MAR	£155,000	£232,716	33% below HPI
2008 8 FEB	£199,950	£238,832	16% below HPI
1998 7 AUG	£71,500	£94,484	24% below HPI

12 GARTHORPE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The five 12 GARTHORPE DRIVE sales between August 1998 and December 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2013 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2020 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 12 GARTHORPE DRIVE?

12 GARTHORPE DRIVE is 108m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 50% of detached houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses by size in Melton Mowbray, and where 12 GARTHORPE DRIVE lies on this distribution: 49% of detached houses are smaller than 12 GARTHORPE DRIVE, and 50% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

12 GARTHORPE DRIVE: Plot and Title Map

12 GARTHORPE DRIVE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 12 GARTHORPE DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 12 GARTHORPE DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 12 GARTHORPE DRIVE?

12 GARTHORPE DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 12 on GARTHORPE DRIVE.