19, CHALMONDLEY DRIVE, MELTON MOWBRAY, LE13 1PN - £287,500

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.

19 CHALMONDLEY DRIVE is a small extended semi-detached house of 90m², built sometime between 1991 and 1995, which could now be worth an estimated £337,230. It was last sold for £287,500 in September 2020, which was around 38% above the average September 2020 semi-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.

19 CHALMONDLEY DRIVE Sold Prices

Land registry data shows two sales for 19 CHALMONDLEY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Melton local authority area for the corresponding sale date. Both of the two 19 CHALMONDLEY 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 18 SEP	£287,500	£209,082	38% above HPI
2005 29 APR	£203,000	£135,503	50% above HPI

19 CHALMONDLEY 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 two 19 CHALMONDLEY DRIVE sales from April 2005 and September 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 2005 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the September 2020 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 19 CHALMONDLEY DRIVE be worth now?

19 CHALMONDLEY DRIVE might now be worth an estimated £337,230.

This is based on house price inflation of 17.3%, between September 2020 and February 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 17.3% inflationary increase is applied to the most recent sale price for 19 CHALMONDLEY DRIVE of £287,500 on 18th September 2020. For the value to have increased from £287,500 to £337,230 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 19 CHALMONDLEY DRIVE has moved in line with the HPI for semi-detached houses in the Melton local authority area.
• The September 2020 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of 19 CHALMONDLEY DRIVE has not materially changed since September 2020.

How Large is 19 CHALMONDLEY DRIVE?

19 CHALMONDLEY DRIVE is 90m², which includes one extension, according to the EPC inspection conducted in October 2015. 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 19 CHALMONDLEY DRIVE lies on this distribution: 29% of semi-detached houses houses are smaller than 19 CHALMONDLEY DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

19 CHALMONDLEY DRIVE: Plot and Title Map

19 CHALMONDLEY DRIVE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 19 CHALMONDLEY 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 19 CHALMONDLEY 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 19 CHALMONDLEY DRIVE?

19 CHALMONDLEY DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 19 on CHALMONDLEY DRIVE.