21, ELGIN DRIVE, MELTON MOWBRAY, LE13 1TF - £169,950

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.

21 ELGIN DRIVE is a very small terraced house of 52m², built sometime between 1967 and 1975, which could now be worth an estimated £200,215. It was last sold for £169,950 in October 2017, which was around 9% above the average October 2017 terraced price in the Melton local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

21 ELGIN DRIVE Sold Prices

Land registry data shows two sales for 21 ELGIN DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Melton local authority area for the corresponding sale date. Both of the two 21 ELGIN 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
2017 27 OCT	£169,950	£155,946	9% above HPI
2005 13 JUN	£139,500	£116,973	19% above HPI

21 ELGIN DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Melton local authority area over time, sourced from the HPI. The two 21 ELGIN DRIVE sales from June 2005 and October 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 June 2005 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the October 2017 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 21 ELGIN DRIVE be worth now?

21 ELGIN DRIVE might now be worth an estimated £200,215.

This is based on house price inflation of 17.8%, between October 2017 and June 2025, for terraced 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 17.8% inflationary increase is applied to the most recent sale price for 21 ELGIN DRIVE of £169,950 on 27th October 2017. For the value to have increased from £169,950 to £200,215 over the eight years and four months to June 2025, the following assumptions must hold true:

• The value of 21 ELGIN DRIVE has moved in line with the HPI for terraced houses in the Melton local authority area.
• The October 2017 sale price of £169,950 represented a fair market value for the property.
• The size, condition, and specification of 21 ELGIN DRIVE has not materially changed since October 2017.

How Large is 21 ELGIN DRIVE?

21 ELGIN DRIVE is 52m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% of terraced houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Melton Mowbray, and where 21 ELGIN DRIVE lies on this distribution: 1% of terraced houses houses are smaller than 21 ELGIN DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

21 ELGIN DRIVE: Plot and Title Map

21 ELGIN DRIVE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 21 ELGIN 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 21 ELGIN 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 21 ELGIN DRIVE?

21 ELGIN DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 21 on ELGIN DRIVE.