25, TORRANCE DRIVE, MELTON MOWBRAY, LE13 1HR - £340,000

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 TORRANCE DRIVE is a very large extended detached house of 182m², built sometime between 1996 and 2002. It was last sold for £340,000 in May 2020, which was around 9% above the average May 2020 detached price in the Melton local authority area. The most recent EPC inspection was February 2020, where the current energy rating was B, and the potential energy rating was B.

25 TORRANCE DRIVE Sold Prices

Land registry data shows three sales for 25 TORRANCE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the three 25 TORRANCE 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
2020 22 MAY	£340,000	£313,102	9% above HPI
2000 28 APR	£132,000	£112,782	17% above HPI
1996 20 DEC	£102,750	£91,758	12% above HPI

25 TORRANCE 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 three 25 TORRANCE DRIVE sales between December 1996 and May 2020 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 April 2000 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the May 2020 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 25 TORRANCE DRIVE be worth now?

25 TORRANCE DRIVE might now be worth an estimated £432,335.

This is based on house price inflation of 27.2%, between May 2020 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 27.2% inflationary increase is applied to the most recent sale price for 25 TORRANCE DRIVE of £340,000 on 22nd May 2020. For the value to have increased from £340,000 to £432,335 over the three years and five months to December 2024, the following assumptions must hold true:

• The value of 25 TORRANCE DRIVE has moved in line with the HPI for detached houses in the Melton local authority area.
• The May 2020 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 25 TORRANCE DRIVE has not materially changed since May 2020.

How Large is 25 TORRANCE DRIVE?

25 TORRANCE DRIVE is 182m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 10% 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 TORRANCE DRIVE lies on this distribution: 94% of detached houses houses are smaller than 25 TORRANCE DRIVE, and 6% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

25 TORRANCE DRIVE: Plot and Title Map

25 TORRANCE DRIVE sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 25 TORRANCE 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 TORRANCE 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 TORRANCE DRIVE?

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