10, COWSLIP DRIVE, MELTON MOWBRAY, LE13 0FF - £256,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

10 COWSLIP DRIVE is a very small detached house of 50m², built sometime between 1996 and 2002. It was last sold for £256,000 in July 2023, which was around 28% below the average July 2023 detached price in the Melton local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

10 COWSLIP DRIVE Sold Prices

Land registry data shows four sales for 10 COWSLIP DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the four 10 COWSLIP 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
2023 26 JUL	£256,000	£356,255	28% below HPI
2013 13 JAN	£148,000	£233,774	37% below HPI
2005 5 OCT	£150,000	£227,144	34% below HPI
2002 1 MAR	£86,950	£141,928	39% below HPI

10 COWSLIP 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 four 10 COWSLIP DRIVE sales between March 2002 and July 2023 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 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2023 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 10 COWSLIP DRIVE?

10 COWSLIP DRIVE is 50m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% of detached houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses by size in Melton Mowbray, and where 10 COWSLIP DRIVE lies on this distribution: Less than 1% of detached houses are smaller than 10 COWSLIP DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

10 COWSLIP DRIVE: Plot and Title Map

10 COWSLIP DRIVE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 10 COWSLIP 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 10 COWSLIP 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 10 COWSLIP DRIVE?

10 COWSLIP DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 10 on COWSLIP DRIVE.