17, TORRANCE DRIVE, MELTON MOWBRAY, LE13 1HR - £142,950

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

17 TORRANCE DRIVE is a midsized extended detached house of 103m², built sometime between 1991 and 1995. It was last sold for £142,950 in April 2002, which was about the average April 2002 detached price in the Melton local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

17 TORRANCE DRIVE Sold Prices

Land registry data shows two sales for 17 TORRANCE 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 17 TORRANCE DRIVE sales was roughly equal to the average price, whilst the other was 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
2002 12 APR	£142,950	£143,407	Close to HPI
1995 9 JUN	£77,500	£79,980	3% below HPI

17 TORRANCE 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 17 TORRANCE DRIVE sales from June 1995 and April 2002 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 1995 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the April 2002 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 17 TORRANCE DRIVE?

17 TORRANCE DRIVE is 103m², which includes two extensions, according to the EPC inspection conducted in April 2021. 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 17 TORRANCE DRIVE lies on this distribution: 43% of detached houses are smaller than 17 TORRANCE DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

17 TORRANCE DRIVE: Plot and Title Map

17 TORRANCE DRIVE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 17 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 17 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 17 TORRANCE DRIVE?

17 TORRANCE DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 17 on TORRANCE DRIVE.