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 COVER DRIVE is a midsized detached house of 113m². It was last sold for £377,000 in July 2024, which was around 1% below the average July 2024 detached price in the Melton local authority area. The most recent EPC inspection was July 2016, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows three sales for 12 COVER DRIVE since 1st 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. One of the three 12 COVER DRIVE sales was for below the average price, whilst two 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 |
---|---|---|---|
2024 29 JUL | £377,000 | £379,199 | 1% below HPI |
2019 14 MAY | £325,400 | £310,998 | 5% above HPI |
2016 26 AUG | £307,995 | £281,617 | 9% above HPI |
The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The three 12 COVER DRIVE sales between August 2016 and July 2024 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 May 2019 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2024 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.
12 COVER DRIVE is 113m² according to the EPC inspection conducted in July 2016. This puts it in the largest 50% of detached houses in Bottesford, based on EPC data. The below chart shows the distribution of detached houses by size in Bottesford, and where 12 COVER DRIVE lies on this distribution: 53% of detached houses are smaller than 12 COVER DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Bottesford.
12 COVER DRIVE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 12 COVER 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 COVER 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.
12 COVER DRIVE is located in BOTTESFORD, in the NG13 postcode district. The below map shows the position of No. 12 on COVER DRIVE.