2, MONCRIEF DRIVE, ASFORDBY, MELTON MOWBRAY, LE14 3BP - £300,995

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

2 MONCRIEF DRIVE is a midsized detached house of 91m², which could now be worth an estimated £306,970. It was last sold for £300,995 in October 2023, which was around 23% below the average October 2023 detached price in the Melton local authority area. The most recent EPC inspection was July 2019, where the current energy rating was B, and the potential energy rating was A.

2 MONCRIEF DRIVE Sold Prices

Land registry data shows two sales for 2 MONCRIEF 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 2 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 23 OCT	£300,995	£390,382	23% below HPI
2019 13 AUG	£259,950	£327,807	21% below HPI

2 MONCRIEF 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 2 MONCRIEF DRIVE sales from August 2019 and October 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 August 2019 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2023 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 2 MONCRIEF DRIVE be worth now?

2 MONCRIEF DRIVE might now be worth an estimated £306,970.

This is based on house price inflation of 2%, between October 2023 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 2% inflationary increase is applied to the most recent sale price for 2 MONCRIEF DRIVE of £300,995 on 23rd October 2023. For the value to have increased from £300,995 to £306,970 over the ten months to December 2024, the following assumptions must hold true:

• The value of 2 MONCRIEF DRIVE has moved in line with the HPI for detached houses in the Melton local authority area.
• The October 2023 sale price of £300,995 represented a fair market value for the property.
• The size, condition, and specification of 2 MONCRIEF DRIVE has not materially changed since October 2023.

How Large is 2 MONCRIEF DRIVE?

2 MONCRIEF DRIVE is 91m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 50% of detached houses houses in Asfordby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Asfordby, and where 2 MONCRIEF DRIVE lies on this distribution: 43% of detached houses houses are smaller than 2 MONCRIEF DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Asfordby.

2 MONCRIEF DRIVE: Plot and Title Map

2 MONCRIEF DRIVE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 2 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 2 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 2 MONCRIEF DRIVE?

2 MONCRIEF DRIVE is located in ASFORDBY, in the LE14 postcode district. The below map shows the position of No. 2 on MONCRIEF DRIVE.