92, MELBRAY DRIVE, MELTON MOWBRAY, LE13 1JT - £185,500

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.

92 MELBRAY DRIVE is a small extended semi-detached house of 92m², built sometime between 1950 and 1966, which could now be worth an estimated £222,314. It was last sold for £185,500 in February 2018, which was around 2% below the average February 2018 semi-detached price in the Melton local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

92 MELBRAY DRIVE Sold Prices

Land registry data shows two sales for 92 MELBRAY 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 92 MELBRAY DRIVE sales were for below 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
2018 9 FEB	£185,500	£190,204	2% below HPI
2013 18 JAN	£135,000	£146,997	8% below HPI

92 MELBRAY 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 92 MELBRAY DRIVE sales from January 2013 and February 2018 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 January 2013 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2018 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 92 MELBRAY DRIVE be worth now?

92 MELBRAY DRIVE might now be worth an estimated £222,314.

This is based on house price inflation of 19.8%, between February 2018 and June 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 19.8% inflationary increase is applied to the most recent sale price for 92 MELBRAY DRIVE of £185,500 on 9th February 2018. For the value to have increased from £185,500 to £222,314 over the six years and eight months to June 2025, the following assumptions must hold true:

• The value of 92 MELBRAY DRIVE has moved in line with the HPI for semi-detached houses in the Melton local authority area.
• The February 2018 sale price of £185,500 represented a fair market value for the property.
• The size, condition, and specification of 92 MELBRAY DRIVE has not materially changed since February 2018.

How Large is 92 MELBRAY DRIVE?

92 MELBRAY DRIVE is 92m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the smallest 40% 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 92 MELBRAY DRIVE lies on this distribution: 33% of semi-detached houses houses are smaller than 92 MELBRAY DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

92 MELBRAY DRIVE: Plot and Title Map

92 MELBRAY DRIVE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 92 MELBRAY 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 92 MELBRAY 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 92 MELBRAY DRIVE?

92 MELBRAY DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 92 on MELBRAY DRIVE.