17, NORFOLK DRIVE, MELTON MOWBRAY, LE13 0AJ - £390,000

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

17 NORFOLK DRIVE is a midsized detached house of 102m², built sometime between 1976 and 1982. It was last sold for £390,000 in October 2023, which was around 1% above the average October 2023 detached price in the Melton local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

17 NORFOLK DRIVE Sold Prices

Land registry data shows three sales for 17 NORFOLK DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the three 17 NORFOLK 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
2023 10 OCT	£390,000	£385,094	1% above HPI
2013 26 MAR	£285,000	£230,327	24% above HPI
1997 11 JUL	£97,000	£86,000	13% above HPI

17 NORFOLK 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 three 17 NORFOLK DRIVE sales between July 1997 and October 2023 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 March 2013 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the October 2023 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 17 NORFOLK DRIVE?

17 NORFOLK DRIVE is 102m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 50% 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 17 NORFOLK DRIVE lies on this distribution: 42% of detached houses are smaller than 17 NORFOLK DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

17 NORFOLK DRIVE: Plot and Title Map

17 NORFOLK DRIVE sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of 17 NORFOLK 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 17 NORFOLK 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 17 NORFOLK DRIVE?

17 NORFOLK DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 17 on NORFOLK DRIVE.