15, CONWAY DRIVE, MELTON MOWBRAY, LE13 1JP - £140,000

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.

15 CONWAY DRIVE is a small semi-detached house of 87m², built sometime between 1950 and 1966, which could now be worth an estimated £239,779. It was last sold for £140,000 in November 2009, which was around 1% below the average November 2009 semi-detached price in the Melton local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

15 CONWAY DRIVE Sold Prices

Land registry data shows three sales for 15 CONWAY DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Melton local authority area for the corresponding sale date. One of the three 15 CONWAY DRIVE sales was for below the average price, whilst two 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
2009 30 NOV	£140,000	£141,381	1% below HPI
2003 25 SEP	£128,000	£120,482	6% above HPI
2002 17 MAY	£94,000	£89,121	5% above HPI

15 CONWAY DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Melton local authority area over time, sourced from the HPI. The three 15 CONWAY DRIVE sales between May 2002 and November 2009 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 September 2003 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the November 2009 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 15 CONWAY DRIVE be worth now?

15 CONWAY DRIVE might now be worth an estimated £239,779.

This is based on house price inflation of 71.3%, between November 2009 and March 2025, for semi-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 71.3% inflationary increase is applied to the most recent sale price for 15 CONWAY DRIVE of £140,000 on 30th November 2009. For the value to have increased from £140,000 to £239,779 over the sixteen years and eight months to March 2025, the following assumptions must hold true:

• The value of 15 CONWAY DRIVE has moved in line with the HPI for semi-detached houses in the Melton local authority area.
• The November 2009 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CONWAY DRIVE has not materially changed since November 2009.

How Large is 15 CONWAY DRIVE?

15 CONWAY DRIVE is 87m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 30% of semi-detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Melton Mowbray, and where 15 CONWAY DRIVE lies on this distribution: 24% of semi-detached houses houses are smaller than 15 CONWAY DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

15 CONWAY DRIVE: Plot and Title Map

15 CONWAY DRIVE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 15 CONWAY 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 15 CONWAY 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 15 CONWAY DRIVE?

15 CONWAY DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 15 on CONWAY DRIVE.