13, LUDLOW DRIVE, MELTON MOWBRAY, LE13 1JR - £160,000

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

13 LUDLOW DRIVE is a large extended detached house of 119m², built sometime between 1950 and 1966. It was last sold for £160,000 in September 2009, which was around 26% below the average September 2009 detached price in the Melton local authority area. The most recent EPC inspection was December 2008, where the current energy rating was E, and the potential energy rating was D.

13 LUDLOW DRIVE Sold Prices

Land registry data shows two sales for 13 LUDLOW 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 13 LUDLOW 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
2009 14 SEP	£160,000	£215,413	26% below HPI
2002 26 NOV	£109,950	£166,969	34% below HPI

13 LUDLOW 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 13 LUDLOW DRIVE sales from November 2002 and September 2009 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 November 2002 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2009 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 13 LUDLOW DRIVE?

13 LUDLOW DRIVE is 119m², which includes two extensions, according to the EPC inspection conducted in December 2008. This puts it in the largest 40% 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 13 LUDLOW DRIVE lies on this distribution: 61% of detached houses are smaller than 13 LUDLOW DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

13 LUDLOW DRIVE: Plot and Title Map

13 LUDLOW DRIVE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 13 LUDLOW 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 13 LUDLOW 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 13 LUDLOW DRIVE?

13 LUDLOW DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 13 on LUDLOW DRIVE.