12, AUSTEN DRIVE, MELTON MOWBRAY, LE13 0PS - £470,000

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

12 AUSTEN DRIVE is a very large detached house of 162m². It was last sold for £470,000 in October 2022, which was around 24% above the average October 2022 detached price in the Melton local authority area. The most recent EPC inspection was February 2020, where the current energy rating was B, and the potential energy rating was A.

12 AUSTEN DRIVE Sold Prices

Land registry data shows two sales for 12 AUSTEN 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. Both of the two 12 AUSTEN 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
2022 25 OCT	£470,000	£379,403	24% above HPI
2020 26 JUN	£430,675	£302,137	43% above HPI

12 AUSTEN 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 12 AUSTEN DRIVE sales from June 2020 and October 2022 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 June 2020 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the October 2022 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 12 AUSTEN DRIVE?

12 AUSTEN DRIVE is 162m² according to the EPC inspection conducted in February 2020. This puts it in the largest 20% 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 12 AUSTEN DRIVE lies on this distribution: 88% of detached houses are smaller than 12 AUSTEN DRIVE, and 11% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

12 AUSTEN DRIVE: Plot and Title Map

12 AUSTEN DRIVE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 12 AUSTEN 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 12 AUSTEN 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 12 AUSTEN DRIVE?

12 AUSTEN DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 12 on AUSTEN DRIVE.