25, LINCOLN DRIVE, MELTON MOWBRAY, LE13 0AH - £460,000

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

25 LINCOLN DRIVE is a very large extended detached house of 147m², built sometime between 1967 and 1975. It was last sold for £460,000 in May 2024, which was around 21% above the average May 2024 detached price in the Melton local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

25 LINCOLN DRIVE Sold Prices

Land registry data shows four sales for 25 LINCOLN 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 Melton local authority area for the corresponding sale date. Most of the four 25 LINCOLN 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
2024 24 MAY	£460,000	£381,444	21% above HPI
2018 30 NOV	£358,000	£303,166	18% above HPI
2014 10 JUL	£247,500	£249,270	1% below HPI
2005 15 DEC	£230,000	£224,755	2% above HPI

25 LINCOLN 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 four 25 LINCOLN DRIVE sales between December 2005 and May 2024 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 2018 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the May 2024 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 25 LINCOLN DRIVE?

25 LINCOLN DRIVE is 147m², which includes one extension, according to the EPC inspection conducted in October 2014. 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 25 LINCOLN DRIVE lies on this distribution: 83% of detached houses are smaller than 25 LINCOLN DRIVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

25 LINCOLN DRIVE: Plot and Title Map

25 LINCOLN DRIVE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 25 LINCOLN 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 25 LINCOLN 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 25 LINCOLN DRIVE?

25 LINCOLN DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 25 on LINCOLN DRIVE.