22, GRANGE DRIVE, MELTON MOWBRAY, LE13 1EY - £176,500

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

22 GRANGE DRIVE is a small extended semi-detached house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £229,508. It was last sold for £176,500 in November 2017, which was around 6% below the average November 2017 semi-detached price in the Melton local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.

22 GRANGE DRIVE Sold Prices

Land registry data shows three sales for 22 GRANGE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Melton local authority area for the corresponding sale date. All of the three 22 GRANGE 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 13 NOV	£176,500	£188,356	6% below HPI
2012 16 NOV	£112,500	£152,161	26% below HPI
2003 17 JAN	£82,500	£102,035	19% below HPI

22 GRANGE 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 three 22 GRANGE DRIVE sales between January 2003 and November 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 November 2012 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2017 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 22 GRANGE DRIVE be worth now?

22 GRANGE DRIVE might now be worth an estimated £229,508.

This is based on house price inflation of 30%, between November 2017 and December 2024, 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 30% inflationary increase is applied to the most recent sale price for 22 GRANGE DRIVE of £176,500 on 13th November 2017. For the value to have increased from £176,500 to £229,508 over the six years and eleven months to December 2024, the following assumptions must hold true:

• The value of 22 GRANGE DRIVE has moved in line with the HPI for semi-detached houses in the Melton local authority area.
• The November 2017 sale price of £176,500 represented a fair market value for the property.
• The size, condition, and specification of 22 GRANGE DRIVE has not materially changed since November 2017.

How Large is 22 GRANGE DRIVE?

22 GRANGE DRIVE is 85m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 30% of semi-detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Melton Mowbray, and where 22 GRANGE DRIVE lies on this distribution: 20% of semi-detached houses houses are smaller than 22 GRANGE DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

22 GRANGE DRIVE: Plot and Title Map

22 GRANGE DRIVE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 22 GRANGE 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 22 GRANGE 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 22 GRANGE DRIVE?

22 GRANGE DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 22 on GRANGE DRIVE.