19, CHETWYND DRIVE, MELTON MOWBRAY, LE13 0HU - £160,000

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

19 CHETWYND DRIVE is a very small extended detached house of 72m², built sometime between 1950 and 1966. It was last sold for £160,000 in April 2017, which was around 49% below the average April 2017 detached price in the Melton local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

19 CHETWYND DRIVE Sold Prices

Land registry data shows two sales for 19 CHETWYND 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 19 CHETWYND 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
2017 19 APR	£160,000	£311,432	49% below HPI
2005 12 JAN	£136,000	£221,386	39% below HPI

19 CHETWYND 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 19 CHETWYND DRIVE sales from January 2005 and April 2017 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 January 2005 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the April 2017 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 19 CHETWYND DRIVE be worth now?

19 CHETWYND DRIVE might now be worth an estimated £204,543.

This is based on house price inflation of 27.8%, between April 2017 and December 2024, for 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 27.8% inflationary increase is applied to the most recent sale price for 19 CHETWYND DRIVE of £160,000 on 19th April 2017. For the value to have increased from £160,000 to £204,543 over the six years and four months to December 2024, the following assumptions must hold true:

• The value of 19 CHETWYND DRIVE has moved in line with the HPI for detached houses in the Melton local authority area.
• The April 2017 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 19 CHETWYND DRIVE has not materially changed since April 2017.

How Large is 19 CHETWYND DRIVE?

19 CHETWYND DRIVE is 72m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% of detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melton Mowbray, and where 19 CHETWYND DRIVE lies on this distribution: 8% of detached houses houses are smaller than 19 CHETWYND DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

19 CHETWYND DRIVE: Plot and Title Map

19 CHETWYND DRIVE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 19 CHETWYND 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 19 CHETWYND 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 19 CHETWYND DRIVE?

19 CHETWYND DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 19 on CHETWYND DRIVE.