4, MELTON DRIVE, BROUGHTON ASTLEY, LEICESTER, LE9 6SJ - £173,950

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.

4 MELTON DRIVE is a very small detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £306,459. It was last sold for £173,950 in August 2010, which was around 37% below the average August 2010 detached price in the Harborough local authority area. The most recent EPC inspection was December 2008, where the current energy rating was E, and the potential energy rating was C.

4 MELTON DRIVE Sold Prices

Land registry data shows three sales for 4 MELTON 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 Harborough local authority area for the corresponding sale date. All of the three 4 MELTON 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
2010 13 AUG	£173,950	£275,495	37% below HPI
1999 12 AUG	£71,000	£114,663	38% below HPI
1995 28 SEP	£59,950	£86,873	31% below HPI

4 MELTON DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harborough local authority area over time, sourced from the HPI. The three 4 MELTON DRIVE sales between September 1995 and August 2010 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 August 1999 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2010 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 4 MELTON DRIVE be worth now?

4 MELTON DRIVE might now be worth an estimated £306,459.

This is based on house price inflation of 76.2%, between August 2010 and February 2025, for detached houses, in the Harborough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 76.2% inflationary increase is applied to the most recent sale price for 4 MELTON DRIVE of £173,950 on 13th August 2010. For the value to have increased from £173,950 to £306,459 over the fifteen years and six months to February 2025, the following assumptions must hold true:

• The value of 4 MELTON DRIVE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The August 2010 sale price of £173,950 represented a fair market value for the property.
• The size, condition, and specification of 4 MELTON DRIVE has not materially changed since August 2010.

How Large is 4 MELTON DRIVE?

4 MELTON DRIVE is 77m² according to the EPC inspection conducted in December 2008. This puts it in the smallest 20% of detached houses houses in Broughton Astley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Broughton Astley, and where 4 MELTON DRIVE lies on this distribution: 10% of detached houses houses are smaller than 4 MELTON DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Broughton Astley.

4 MELTON DRIVE: Plot and Title Map

4 MELTON DRIVE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 4 MELTON 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 4 MELTON 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 4 MELTON DRIVE?

4 MELTON DRIVE is located in BROUGHTON ASTLEY, in the LE9 postcode district. The below map shows the position of No. 4 on MELTON DRIVE.