11, EVEREST DRIVE, MELTON MOWBRAY, LE13 0SH - £93,000

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

11 EVEREST DRIVE is a midsized detached house of 104m², built sometime between 1996 and 2002. It was last sold for £93,000 in October 1998, which was around 3% below the average October 1998 detached price in the Melton local authority area. The most recent EPC inspection was October 2012, where the current energy rating was B, and the potential energy rating was B.

11 EVEREST DRIVE Sold Prices

Land registry data shows two sales for 11 EVEREST DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Melton local authority area for the corresponding sale date. One of the two 11 EVEREST DRIVE sales was for below the average price, whilst the other was 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
1998 30 OCT	£93,000	£95,762	3% below HPI
1997 20 FEB	£87,950	£81,019	9% above HPI

11 EVEREST 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 two 11 EVEREST DRIVE sales from February 1997 and October 1998 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 February 1997 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the October 1998 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 11 EVEREST DRIVE?

11 EVEREST DRIVE is 104m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 50% 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 11 EVEREST DRIVE lies on this distribution: 45% of detached houses are smaller than 11 EVEREST DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

11 EVEREST DRIVE: Plot and Title Map

11 EVEREST DRIVE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 11 EVEREST 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 11 EVEREST 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 11 EVEREST DRIVE?

11 EVEREST DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 11 on EVEREST DRIVE.