13, KIPLING DRIVE, MELTON MOWBRAY, LE13 1LW - £275,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

13 KIPLING DRIVE is a large extended detached house of 118m², built sometime between 1976 and 1982. It was last sold for £275,000 in October 2015, which was around 1% below the average October 2015 detached price in the Melton local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

13 KIPLING DRIVE Sold Prices

Land registry data shows two sales for 13 KIPLING DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Melton local authority area for the corresponding sale date. One of the two 13 KIPLING DRIVE sales was for below the average price, whilst the other was for above 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
2015 29 OCT	£275,000	£278,901	1% below HPI
1995 25 JUL	£112,500	£82,893	36% above HPI

13 KIPLING 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 two 13 KIPLING DRIVE sales from July 1995 and October 2015 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 July 1995 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the October 2015 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 13 KIPLING DRIVE be worth now?

13 KIPLING DRIVE might now be worth an estimated £392,563.

This is based on house price inflation of 42.8%, between October 2015 and December 2024, for detached houses, in the Melton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.8% inflationary increase is applied to the most recent sale price for 13 KIPLING DRIVE of £275,000 on 29th October 2015. For the value to have increased from £275,000 to £392,563 over the eight years and ten months to December 2024, the following assumptions must hold true:

• The value of 13 KIPLING DRIVE has moved in line with the HPI for detached houses in the Melton local authority area.
• The October 2015 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 13 KIPLING DRIVE has not materially changed since October 2015.

How Large is 13 KIPLING DRIVE?

13 KIPLING DRIVE is 118m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 40% of detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melton Mowbray, and where 13 KIPLING DRIVE lies on this distribution: 61% of detached houses houses are smaller than 13 KIPLING DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

13 KIPLING DRIVE: Plot and Title Map

13 KIPLING DRIVE sits on a plot of roughly 0.211 of an acre, or 855m². The below map shows the location of 13 KIPLING 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 13 KIPLING 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 13 KIPLING DRIVE?

13 KIPLING DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 13 on KIPLING DRIVE.