14, RICHMOND DRIVE, MELTON MOWBRAY, LE13 0JP - £460,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

14 RICHMOND DRIVE is a very large extended detached house of 151m², built sometime between 1976 and 1982. It was last sold for £460,000 in March 2021, which was around 40% above the average March 2021 detached price in the Melton local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

14 RICHMOND DRIVE Sold Prices

Land registry data shows two sales for 14 RICHMOND 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 RICHMOND DRIVE sales 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
2021 10 MAR	£460,000	£328,652	40% above HPI
2017 11 JUL	£320,000	£291,157	10% above HPI

14 RICHMOND 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 RICHMOND DRIVE sales from July 2017 and March 2021 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 July 2017 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the March 2021 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 14 RICHMOND DRIVE?

14 RICHMOND DRIVE is 151m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the largest 20% 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 14 RICHMOND DRIVE lies on this distribution: 85% of detached houses are smaller than 14 RICHMOND DRIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

14 RICHMOND DRIVE: Plot and Title Map

14 RICHMOND DRIVE sits on a plot of roughly 0.165 of an acre, or 666m². The below map shows the location of 14 RICHMOND 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 RICHMOND 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 RICHMOND DRIVE?

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