9, CLOVER DRIVE, MELTON MOWBRAY, LE13 0FL - £263,000

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.

9 CLOVER DRIVE is a midsized extended detached house of 110m², built sometime between 1996 and 2002, which could now be worth an estimated £343,717. It was last sold for £263,000 in February 2017, which was around 14% below the average February 2017 detached price in the Melton local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

9 CLOVER DRIVE Sold Prices

Land registry data shows three sales for 9 CLOVER 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. Two of the three 9 CLOVER DRIVE sales were for below the average price, whilst one was 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
2017 22 FEB	£263,000	£305,738	14% below HPI
2005 15 DEC	£217,500	£233,117	7% below HPI
1999 26 FEB	£107,950	£93,936	15% above HPI

9 CLOVER 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 9 CLOVER DRIVE sales between February 1999 and February 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 December 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2017 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 9 CLOVER DRIVE be worth now?

9 CLOVER DRIVE might now be worth an estimated £343,717.

This is based on house price inflation of 30.7%, between February 2017 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 30.7% inflationary increase is applied to the most recent sale price for 9 CLOVER DRIVE of £263,000 on 22nd February 2017. For the value to have increased from £263,000 to £343,717 over the eight years to February 2025, the following assumptions must hold true:

• The value of 9 CLOVER DRIVE has moved in line with the HPI for detached houses in the Melton local authority area.
• The February 2017 sale price of £263,000 represented a fair market value for the property.
• The size, condition, and specification of 9 CLOVER DRIVE has not materially changed since February 2017.

How Large is 9 CLOVER DRIVE?

9 CLOVER DRIVE is 110m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 50% 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 9 CLOVER DRIVE lies on this distribution: 51% of detached houses houses are smaller than 9 CLOVER DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

9 CLOVER DRIVE: Plot and Title Map

9 CLOVER DRIVE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 9 CLOVER 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 9 CLOVER 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 9 CLOVER DRIVE?

9 CLOVER DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 9 on CLOVER DRIVE.