21, NORFOLK DRIVE, MELTON MOWBRAY, LE13 0AJ - £300,000

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.

21 NORFOLK DRIVE is a large extended detached house of 137m², built sometime between 1976 and 1982, which could now be worth an estimated £481,255. It was last sold for £300,000 in October 2013, which was around 20% above the average October 2013 detached price in the Melton local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

21 NORFOLK DRIVE Sold Prices

Land registry data shows two sales for 21 NORFOLK 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. One of the two 21 NORFOLK DRIVE sales was for above the average price, whilst the other was 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
2013 31 OCT	£300,000	£249,081	20% above HPI
1999 28 MAY	£96,000	£97,472	2% below HPI

21 NORFOLK 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 NORFOLK DRIVE sales from May 1999 and October 2013 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 May 1999 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2013 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 21 NORFOLK DRIVE be worth now?

21 NORFOLK DRIVE might now be worth an estimated £481,255.

This is based on house price inflation of 60.4%, between October 2013 and February 2025, 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 60.4% inflationary increase is applied to the most recent sale price for 21 NORFOLK DRIVE of £300,000 on 31st October 2013. For the value to have increased from £300,000 to £481,255 over the twelve years and eight months to February 2025, the following assumptions must hold true:

• The value of 21 NORFOLK DRIVE has moved in line with the HPI for detached houses in the Melton local authority area.
• The October 2013 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 21 NORFOLK DRIVE has not materially changed since October 2013.

How Large is 21 NORFOLK DRIVE?

21 NORFOLK DRIVE is 137m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the largest 30% 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 21 NORFOLK DRIVE lies on this distribution: 79% of detached houses houses are smaller than 21 NORFOLK DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

21 NORFOLK DRIVE: Plot and Title Map

21 NORFOLK DRIVE sits on a plot of roughly 0.250 of an acre, or 1,011m². The below map shows the location of 21 NORFOLK 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 NORFOLK 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 NORFOLK DRIVE?

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