9, MELTON GATE, WYMONDHAM, NR18 0PQ - £370,000

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 MELTON GATE is a midsized extended detached house of 101m², built sometime between 1983 and 1990, which could now be worth an estimated £436,295. It was last sold for £370,000 in February 2021, which was around 1% below the average February 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.

9 MELTON GATE Sold Prices

Land registry data shows two sales for 9 MELTON GATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. One of the two 9 MELTON GATE sales was for below the average price, whilst the other 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
2021 12 FEB	£370,000	£373,223	1% below HPI
2010 2 DEC	£250,000	£243,603	3% above HPI

9 MELTON GATE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 9 MELTON GATE sales from December 2010 and February 2021 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 2010 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2021 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 9 MELTON GATE be worth now?

9 MELTON GATE might now be worth an estimated £436,295.

This is based on house price inflation of 17.9%, between February 2021 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.9% inflationary increase is applied to the most recent sale price for 9 MELTON GATE of £370,000 on 12th February 2021. For the value to have increased from £370,000 to £436,295 over the four years to February 2025, the following assumptions must hold true:

• The value of 9 MELTON GATE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The February 2021 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 9 MELTON GATE has not materially changed since February 2021.

How Large is 9 MELTON GATE?

9 MELTON GATE is 101m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 50% of detached houses houses in Wymondham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wymondham, and where 9 MELTON GATE lies on this distribution: 44% of detached houses houses are smaller than 9 MELTON GATE, and 56% of houses are larger. Note that EPC data is not available for all properties in Wymondham.

9 MELTON GATE: Plot and Title Map

9 MELTON GATE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 9 MELTON GATE, 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 MELTON GATE). 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 MELTON GATE?

9 MELTON GATE is located in WYMONDHAM, in the NR18 postcode district. The below map shows the position of No. 9 on MELTON GATE.