13, LUDLOW DRIVE, MELTON MOWBRAY, LE13 1JR - £160,000

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 LUDLOW DRIVE is a large extended detached house of 119m², built sometime between 1950 and 1966, which could now be worth an estimated £285,108. It was last sold for £160,000 in September 2009, which was around 28% below the average September 2009 detached price in the Melton local authority area. The most recent EPC inspection was December 2008, where the current energy rating was E, and the potential energy rating was D.

13 LUDLOW DRIVE Sold Prices

Land registry data shows two sales for 13 LUDLOW 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. Both of the two 13 LUDLOW 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
2009 14 SEP	£160,000	£223,428	28% below HPI
2002 26 NOV	£109,950	£173,182	37% below HPI

13 LUDLOW 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 LUDLOW DRIVE sales from November 2002 and September 2009 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 2002 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2009 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 13 LUDLOW DRIVE be worth now?

13 LUDLOW DRIVE might now be worth an estimated £285,108.

This is based on house price inflation of 78.2%, between September 2009 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 78.2% inflationary increase is applied to the most recent sale price for 13 LUDLOW DRIVE of £160,000 on 14th September 2009. For the value to have increased from £160,000 to £285,108 over the fourteen years and nine months to December 2024, the following assumptions must hold true:

• The value of 13 LUDLOW DRIVE has moved in line with the HPI for detached houses in the Melton local authority area.
• The September 2009 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 13 LUDLOW DRIVE has not materially changed since September 2009.

How Large is 13 LUDLOW DRIVE?

13 LUDLOW DRIVE is 119m², which includes two extensions, according to the EPC inspection conducted in December 2008. 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 LUDLOW DRIVE lies on this distribution: 62% of detached houses houses are smaller than 13 LUDLOW DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

13 LUDLOW DRIVE: Plot and Title Map

13 LUDLOW DRIVE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 13 LUDLOW 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 LUDLOW 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 LUDLOW DRIVE?

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