14, COWSLIP DRIVE, MELTON MOWBRAY, LE13 0FF - £182,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

14 COWSLIP DRIVE is a very small detached house of 71m², built sometime between 1996 and 2002, which could now be worth an estimated £297,009. It was last sold for £182,500 in September 2011, which was around 26% below the average September 2011 detached price in the Melton local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

14 COWSLIP DRIVE Sold Prices

Land registry data shows two sales for 14 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 14 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
2011 26 SEP	£182,500	£245,521	26% below HPI
2002 1 FEB	£94,950	£144,545	34% below HPI

14 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 14 COWSLIP DRIVE sales from February 2002 and September 2011 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 February 2002 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2011 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 14 COWSLIP DRIVE be worth now?

14 COWSLIP DRIVE might now be worth an estimated £297,009.

This is based on house price inflation of 62.7%, between September 2011 and February 2025, for detached houses, in the Melton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 62.7% inflationary increase is applied to the most recent sale price for 14 COWSLIP DRIVE of £182,500 on 26th September 2011. For the value to have increased from £182,500 to £297,009 over the fourteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 14 COWSLIP DRIVE has moved in line with the HPI for detached houses in the Melton local authority area.
• The September 2011 sale price of £182,500 represented a fair market value for the property.
• The size, condition, and specification of 14 COWSLIP DRIVE has not materially changed since September 2011.

How Large is 14 COWSLIP DRIVE?

14 COWSLIP DRIVE is 71m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 10% of detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melton Mowbray, and where 14 COWSLIP DRIVE lies on this distribution: 8% of detached houses houses are smaller than 14 COWSLIP DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

14 COWSLIP DRIVE: Plot and Title Map

14 COWSLIP DRIVE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 14 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 14 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 14 COWSLIP DRIVE?

14 COWSLIP DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 14 on COWSLIP DRIVE.