9, GARTREE DRIVE, MELTON MOWBRAY, LE13 0AE - £268,700

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 GARTREE DRIVE is a very small semi-detached house of 63m², built sometime between 1950 and 1966, which could now be worth an estimated £372,786. It was last sold for £268,700 in August 2016, which was around 52% above the average August 2016 semi-detached price in the Melton local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

9 GARTREE DRIVE Sold Prices

Land registry data shows two sales for 9 GARTREE 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 9 GARTREE 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
2016 9 AUG	£268,700	£176,772	52% above HPI
1997 15 AUG	£67,000	£50,979	31% above HPI

9 GARTREE 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 9 GARTREE DRIVE sales from August 1997 and August 2016 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 August 1997 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the August 2016 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might 9 GARTREE DRIVE be worth now?

9 GARTREE DRIVE might now be worth an estimated £372,786.

This is based on house price inflation of 38.7%, between August 2016 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 38.7% inflationary increase is applied to the most recent sale price for 9 GARTREE DRIVE of £268,700 on 9th August 2016. For the value to have increased from £268,700 to £372,786 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 9 GARTREE DRIVE has moved in line with the HPI for semi-detached houses in the Melton local authority area.
• The August 2016 sale price of £268,700 represented a fair market value for the property.
• The size, condition, and specification of 9 GARTREE DRIVE has not materially changed since August 2016.

How Large is 9 GARTREE DRIVE?

9 GARTREE DRIVE is 63m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 10% 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 9 GARTREE DRIVE lies on this distribution: 4% of semi-detached houses houses are smaller than 9 GARTREE DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

9 GARTREE DRIVE: Plot and Title Map

9 GARTREE DRIVE sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 9 GARTREE 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 GARTREE 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 GARTREE DRIVE?

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