12, COWSLIP DRIVE, MELTON MOWBRAY, LE13 0FF - £114,500

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

12 COWSLIP DRIVE is a very small detached house of 51m², built sometime between 1996 and 2002. It was last sold for £114,500 in July 2003, which was around 42% below the average July 2003 detached price in the Melton local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

12 COWSLIP DRIVE Sold Prices

Land registry data shows two sales for 12 COWSLIP 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 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
2003 11 JUL	£114,500	£197,082	42% below HPI
2002 1 MAY	£86,950	£149,019	42% below HPI

12 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 two 12 COWSLIP DRIVE sales from May 2002 and July 2003 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 2002 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the July 2003 sale, which was also at 42% below the HPI.

How Large is 12 COWSLIP DRIVE?

12 COWSLIP DRIVE is 51m² according to the EPC inspection conducted in April 2015. 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 12 COWSLIP DRIVE lies on this distribution: 1% of detached houses are smaller than 12 COWSLIP DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

12 COWSLIP DRIVE: Plot and Title Map

12 COWSLIP DRIVE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 12 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 12 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 12 COWSLIP DRIVE?

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