21, GARTREE DRIVE, MELTON MOWBRAY, LE13 0AE - £350,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

21 GARTREE DRIVE is a very large extended detached house of 176m², built sometime between 1950 and 1966. It was last sold for £350,000 in November 2015, which was around 30% above the average November 2015 detached price in the Melton local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was D.

21 GARTREE DRIVE Sold Prices

Land registry data shows two sales for 21 GARTREE 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 21 GARTREE DRIVE sales were 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
2015 30 NOV	£350,000	£269,233	30% above HPI
2002 20 DEC	£225,000	£164,608	37% above HPI

21 GARTREE 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 21 GARTREE DRIVE sales from December 2002 and November 2015 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 December 2002 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the November 2015 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 21 GARTREE DRIVE?

21 GARTREE DRIVE is 176m², which includes three extensions, according to the EPC inspection conducted in October 2012. This puts it in the largest 10% 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 21 GARTREE DRIVE lies on this distribution: 93% of detached houses are smaller than 21 GARTREE DRIVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

21 GARTREE DRIVE: Plot and Title Map

21 GARTREE DRIVE sits on a plot of roughly 0.226 of an acre, or 914m². The below map shows the location of 21 GARTREE 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 21 GARTREE 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 21 GARTREE DRIVE?

21 GARTREE DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 21 on GARTREE DRIVE.