18, GRANGE DRIVE, MELTON MOWBRAY, LE13 1EY - £165,000

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

18 GRANGE DRIVE is a midsized extended semi-detached house of 101m², built sometime between 1967 and 1975, which could now be worth an estimated £233,239. It was last sold for £165,000 in May 2016, which was around 5% below the average May 2016 semi-detached price in the Melton local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

18 GRANGE DRIVE Sold Prices

Land registry data shows three sales for 18 GRANGE 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. Two of the three 18 GRANGE DRIVE sales were for below the average price, whilst one 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
2016 20 MAY	£165,000	£173,267	5% below HPI
2011 22 AUG	£136,000	£143,692	5% below HPI
1998 30 MAR	£58,950	£57,825	2% above HPI

18 GRANGE 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 18 GRANGE DRIVE sales between March 1998 and May 2016 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 August 2011 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2016 sale, which was also at 5% below the HPI.

What might 18 GRANGE DRIVE be worth now?

18 GRANGE DRIVE might now be worth an estimated £233,239.

This is based on house price inflation of 41.4%, between May 2016 and December 2024, 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 41.4% inflationary increase is applied to the most recent sale price for 18 GRANGE DRIVE of £165,000 on 20th May 2016. For the value to have increased from £165,000 to £233,239 over the seven years and five months to December 2024, the following assumptions must hold true:

• The value of 18 GRANGE DRIVE has moved in line with the HPI for semi-detached houses in the Melton local authority area.
• The May 2016 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 18 GRANGE DRIVE has not materially changed since May 2016.

How Large is 18 GRANGE DRIVE?

18 GRANGE DRIVE is 101m², which includes two extensions, according to the EPC inspection conducted in June 2011. This puts it in the smallest 50% 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 18 GRANGE DRIVE lies on this distribution: 42% of semi-detached houses houses are smaller than 18 GRANGE DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

18 GRANGE DRIVE: Plot and Title Map

18 GRANGE DRIVE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 18 GRANGE 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 18 GRANGE 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 18 GRANGE DRIVE?

18 GRANGE DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 18 on GRANGE DRIVE.