18, MONCRIEF DRIVE, ASFORDBY, MELTON MOWBRAY, LE14 3BP - £84,000

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.

18 MONCRIEF DRIVE is a very small semi-detached house of 69m², which could now be worth an estimated £86,445. It was last sold for £84,000 in September 2023, which was around 65% below the average September 2023 semi-detached price in the Melton local authority area. The most recent EPC inspection was February 2020, where the current energy rating was B, and the potential energy rating was A.

18 MONCRIEF DRIVE Sold Prices

Land registry data shows two sales for 18 MONCRIEF DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Melton local authority area for the corresponding sale date. Both of the two 18 MONCRIEF 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
2023 1 SEP	£84,000	£238,312	65% below HPI
2020 27 FEB	£107,597	£196,082	45% below HPI

18 MONCRIEF 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 two 18 MONCRIEF DRIVE sales from February 2020 and September 2023 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 February 2020 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the September 2023 sale, where it falls to 65% below the HPI. The line then continues to track at 65% below the HPI.

What might 18 MONCRIEF DRIVE be worth now?

18 MONCRIEF DRIVE might now be worth an estimated £86,445.

This is based on house price inflation of 2.9%, between September 2023 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 2.9% inflationary increase is applied to the most recent sale price for 18 MONCRIEF DRIVE of £84,000 on 1st September 2023. For the value to have increased from £84,000 to £86,445 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of 18 MONCRIEF DRIVE has moved in line with the HPI for semi-detached houses in the Melton local authority area.
• The September 2023 sale price of £84,000 represented a fair market value for the property.
• The size, condition, and specification of 18 MONCRIEF DRIVE has not materially changed since September 2023.

How Large is 18 MONCRIEF DRIVE?

18 MONCRIEF DRIVE is 69m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of semi-detached houses houses in Asfordby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Asfordby, and where 18 MONCRIEF DRIVE lies on this distribution: 10% of semi-detached houses houses are smaller than 18 MONCRIEF DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Asfordby.

18 MONCRIEF DRIVE: Plot and Title Map

18 MONCRIEF DRIVE sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 18 MONCRIEF 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 MONCRIEF 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 MONCRIEF DRIVE?

18 MONCRIEF DRIVE is located in ASFORDBY, in the LE14 postcode district. The below map shows the position of No. 18 on MONCRIEF DRIVE.