25, LINCOLN DRIVE, MELTON MOWBRAY, LE13 0AH - £460,000

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

25 LINCOLN DRIVE is a very large extended detached house of 147m², built sometime between 1967 and 1975. It was last sold for £460,000 in May 2024, which was around 25% above the average May 2024 detached price in the Melton local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

25 LINCOLN DRIVE Sold Prices

Land registry data shows four sales for 25 LINCOLN DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Melton local authority area for the corresponding sale date. two of the four 25 LINCOLN DRIVE sales were for above the average price, and four 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
2024 24 MAY	£460,000	£369,413	25% above HPI
2018 30 NOV	£358,000	£314,446	14% above HPI
2014 10 JUL	£247,500	£258,545	4% below HPI
2005 15 DEC	£230,000	£233,117	1% below HPI

25 LINCOLN 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 four 25 LINCOLN DRIVE sales between December 2005 and May 2024 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 2018 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the May 2024 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 25 LINCOLN DRIVE be worth now?

25 LINCOLN DRIVE might now be worth an estimated £495,761.

This is based on house price inflation of 7.8%, between May 2024 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 7.8% inflationary increase is applied to the most recent sale price for 25 LINCOLN DRIVE of £460,000 on 24th May 2024. For the value to have increased from £460,000 to £495,761 over the five months to December 2024, the following assumptions must hold true:

• The value of 25 LINCOLN DRIVE has moved in line with the HPI for detached houses in the Melton local authority area.
• The May 2024 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 25 LINCOLN DRIVE has not materially changed since May 2024.

How Large is 25 LINCOLN DRIVE?

25 LINCOLN DRIVE is 147m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 20% 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 25 LINCOLN DRIVE lies on this distribution: 83% of detached houses houses are smaller than 25 LINCOLN DRIVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

25 LINCOLN DRIVE: Plot and Title Map

25 LINCOLN DRIVE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 25 LINCOLN 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 25 LINCOLN 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 25 LINCOLN DRIVE?

25 LINCOLN DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 25 on LINCOLN DRIVE.