23, NORFOLK DRIVE, MELTON MOWBRAY, LE13 0AJ - £329,000

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

23 NORFOLK DRIVE is a very large extended detached house of 158m², built sometime between 1967 and 1975. It was last sold for £329,000 in October 2018, which was around 5% above the average October 2018 detached price in the Melton local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

23 NORFOLK DRIVE Sold Prices

Land registry data shows two sales for 23 NORFOLK 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. One of the two 23 NORFOLK DRIVE sales was for above the average price, whilst the other was 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
2018 26 OCT	£329,000	£314,131	5% above HPI
1996 15 NOV	£72,500	£89,834	19% below HPI

23 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 two 23 NORFOLK DRIVE sales from November 1996 and October 2018 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 November 1996 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2018 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 23 NORFOLK DRIVE?

23 NORFOLK DRIVE is 158m², which includes one extension, according to the EPC inspection conducted in August 2009. 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 23 NORFOLK DRIVE lies on this distribution: 87% of detached houses are smaller than 23 NORFOLK DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

23 NORFOLK DRIVE: Plot and Title Map

23 NORFOLK DRIVE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 23 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 23 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 23 NORFOLK DRIVE?

23 NORFOLK DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 23 on NORFOLK DRIVE.