3, SWALLOWS DRIVE, STATHERN, MELTON MOWBRAY, LE14 4ED - £316,000

3 SWALLOWS DRIVE is a small detached house of 122m², built sometime between 1996 and 2002. It was last sold for £316,000 in April 2017, which was around 5% above the average April 2017 detached price in the Melton local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

3 SWALLOWS DRIVE Sold Prices

Land registry data shows three sales for 3 SWALLOWS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the three 3 SWALLOWS 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 18 APR	£316,000	£300,260	5% above HPI
2003 11 AUG	£211,000	£189,447	11% above HPI
2001 18 MAY	£143,000	£126,002	13% above HPI

3 SWALLOWS DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The three 3 SWALLOWS DRIVE sales between May 2001 and April 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 August 2003 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the April 2017 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 3 SWALLOWS DRIVE?

3 SWALLOWS DRIVE is 122m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 40% of detached houses in Stathern, based on EPC data. The below chart shows the distribution of detached houses by size in Stathern, and where 3 SWALLOWS DRIVE lies on this distribution: 34% of detached houses are smaller than 3 SWALLOWS DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Stathern.

3 SWALLOWS DRIVE: Plot and Title Map

3 SWALLOWS DRIVE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 3 SWALLOWS 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 3 SWALLOWS 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 3 SWALLOWS DRIVE?

3 SWALLOWS DRIVE is located in STATHERN, in the LE14 postcode district. The below map shows the position of No. 3 on SWALLOWS DRIVE.