11, SWALLOWS DRIVE, STATHERN, MELTON MOWBRAY, LE14 4ED - £227,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 SWALLOWS DRIVE is a very small detached house of 96m², built sometime between 1983 and 1990. It was last sold for £227,000 in March 2010, which was around 1% above the average March 2010 detached price in the Melton local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was D.

11 SWALLOWS DRIVE Sold Prices

Land registry data shows two sales for 11 SWALLOWS 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 SWALLOWS DRIVE sales was for above the average price, whilst the other was 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
2010 15 MAR	£227,000	£225,565	1% above HPI
2001 19 OCT	£121,000	£129,263	6% below HPI

11 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 two 11 SWALLOWS DRIVE sales from October 2001 and March 2010 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 October 2001 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2010 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 11 SWALLOWS DRIVE?

11 SWALLOWS DRIVE is 96m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 20% of detached houses in Stathern, based on EPC data. The below chart shows the distribution of detached houses by size in Stathern, and where 11 SWALLOWS DRIVE lies on this distribution: 19% of detached houses are smaller than 11 SWALLOWS DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Stathern.

11 SWALLOWS DRIVE: Plot and Title Map

11 SWALLOWS DRIVE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 11 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 11 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 11 SWALLOWS DRIVE?

11 SWALLOWS DRIVE is located in STATHERN, in the LE14 postcode district. The below map shows the position of No. 11 on SWALLOWS DRIVE.