15, GARTREE DRIVE, MELTON MOWBRAY, LE13 0AE - £297,500

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

15 GARTREE DRIVE is a large detached house of 125m², built sometime between 1967 and 1975. It was last sold for £297,500 in February 2010, which was around 33% above the average February 2010 detached price in the Melton local authority area. The most recent EPC inspection was October 2009, where the current energy rating was F, and the potential energy rating was C.

15 GARTREE DRIVE Sold Prices

Land registry data shows two sales for 15 GARTREE 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 15 GARTREE DRIVE sales 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
2010 4 FEB	£297,500	£223,238	33% above HPI
1999 22 JUN	£153,500	£97,410	58% above HPI

15 GARTREE 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 15 GARTREE DRIVE sales from June 1999 and February 2010 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 June 1999 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the February 2010 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 15 GARTREE DRIVE?

15 GARTREE DRIVE is 125m² according to the EPC inspection conducted in October 2009. This puts it in the largest 40% 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 15 GARTREE DRIVE lies on this distribution: 67% of detached houses are smaller than 15 GARTREE DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

15 GARTREE DRIVE: Plot and Title Map

15 GARTREE DRIVE sits on a plot of roughly 0.389 of an acre, or 1,573m². The below map shows the location of 15 GARTREE 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 15 GARTREE 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 15 GARTREE DRIVE?

15 GARTREE DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 15 on GARTREE DRIVE.