14, TORRANCE DRIVE, MELTON MOWBRAY, LE13 1HR - £134,900

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 TORRANCE DRIVE is a small extended semi-detached house of 85m², built sometime between 1991 and 1995, which could now be worth an estimated £243,738. It was last sold for £134,900 in July 2004, which was around 1% below the average July 2004 semi-detached price in the Melton local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

14 TORRANCE DRIVE Sold Prices

Land registry data shows three sales for 14 TORRANCE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Melton local authority area for the corresponding sale date. One of the three 14 TORRANCE DRIVE sales was for below the average price, whilst two were 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
2004 23 JUL	£134,900	£135,736	1% below HPI
2000 15 DEC	£73,000	£68,209	7% above HPI
1995 15 DEC	£53,500	£46,615	15% above HPI

14 TORRANCE DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Melton local authority area over time, sourced from the HPI. The three 14 TORRANCE DRIVE sales between December 1995 and July 2004 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 December 2000 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the July 2004 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 14 TORRANCE DRIVE be worth now?

14 TORRANCE DRIVE might now be worth an estimated £243,738.

This is based on house price inflation of 80.7%, between July 2004 and February 2025, for semi-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 80.7% inflationary increase is applied to the most recent sale price for 14 TORRANCE DRIVE of £134,900 on 23rd July 2004. For the value to have increased from £134,900 to £243,738 over the 21 years and five months to February 2025, the following assumptions must hold true:

• The value of 14 TORRANCE DRIVE has moved in line with the HPI for semi-detached houses in the Melton local authority area.
• The July 2004 sale price of £134,900 represented a fair market value for the property.
• The size, condition, and specification of 14 TORRANCE DRIVE has not materially changed since July 2004.

How Large is 14 TORRANCE DRIVE?

14 TORRANCE DRIVE is 85m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 30% of semi-detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Melton Mowbray, and where 14 TORRANCE DRIVE lies on this distribution: 20% of semi-detached houses houses are smaller than 14 TORRANCE DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

14 TORRANCE DRIVE: Plot and Title Map

14 TORRANCE DRIVE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 14 TORRANCE 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 14 TORRANCE 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 14 TORRANCE DRIVE?

14 TORRANCE DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 14 on TORRANCE DRIVE.