14, MELTON DRIVE, TAVERHAM, NORWICH, NR8 6TT - £418,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

14 MELTON DRIVE is a midsized detached house of 118m², built sometime between 1991 and 1995. It was last sold for £418,000 in November 2022, which was around 2% below the average November 2022 detached price in the Broadland local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

14 MELTON DRIVE Sold Prices

Land registry data shows four sales for 14 MELTON DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Most of the four 14 MELTON 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
2022 7 NOV	£418,000	£426,292	2% below HPI
2021 25 JUN	£349,000	£361,326	3% below HPI
2018 4 SEP	£270,000	£335,220	19% below HPI
1995 31 MAR	£76,995	£70,232	10% above HPI

14 MELTON DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The four 14 MELTON DRIVE sales between March 1995 and November 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 2021 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2022 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 14 MELTON DRIVE?

14 MELTON DRIVE is 118m² according to the EPC inspection conducted in June 2017. This puts it in the largest 50% of detached houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses by size in Taverham, and where 14 MELTON DRIVE lies on this distribution: 54% of detached houses are smaller than 14 MELTON DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Taverham.

14 MELTON DRIVE: Plot and Title Map

14 MELTON DRIVE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 14 MELTON 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 MELTON 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 MELTON DRIVE?

14 MELTON DRIVE is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 14 on MELTON DRIVE.