2, WINCHESTER DRIVE, MELTON MOWBRAY, LE13 0PE - £182,000

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

2 WINCHESTER DRIVE is a very small detached house of 68m², built sometime between 1983 and 1990. It was last sold for £182,000 in April 2015, which was around 28% below the average April 2015 detached price in the Melton local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

2 WINCHESTER DRIVE Sold Prices

Land registry data shows two sales for 2 WINCHESTER 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 2 WINCHESTER 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
2015 24 APR	£182,000	£251,752	28% below HPI
2004 27 AUG	£178,000	£222,998	20% below HPI

2 WINCHESTER 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 2 WINCHESTER DRIVE sales from August 2004 and April 2015 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 August 2004 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2015 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2 WINCHESTER DRIVE?

2 WINCHESTER DRIVE is 68m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% 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 2 WINCHESTER DRIVE lies on this distribution: 6% of detached houses are smaller than 2 WINCHESTER DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

2 WINCHESTER DRIVE: Plot and Title Map

2 WINCHESTER DRIVE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 2 WINCHESTER 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 2 WINCHESTER 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 2 WINCHESTER DRIVE?

2 WINCHESTER DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 2 on WINCHESTER DRIVE.