25, OXFORD DRIVE, MELTON MOWBRAY, LE13 0AL - £285,000

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 OXFORD DRIVE is a midsized extended detached house of 109m², built sometime between 1991 and 1995. It was last sold for £285,000 in November 2017, which was around 5% below the average November 2017 detached price in the Melton local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

25 OXFORD DRIVE Sold Prices

Land registry data shows two sales for 25 OXFORD 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 25 OXFORD DRIVE sales was for below the average price, whilst the other was 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
2017 9 NOV	£285,000	£299,805	5% below HPI
1998 3 JUL	£99,950	£95,587	5% above HPI

25 OXFORD 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 25 OXFORD DRIVE sales from July 1998 and November 2017 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 1998 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the November 2017 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 25 OXFORD DRIVE?

25 OXFORD DRIVE is 109m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 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 25 OXFORD DRIVE lies on this distribution: 50% of detached houses are smaller than 25 OXFORD DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

25 OXFORD DRIVE: Plot and Title Map

25 OXFORD DRIVE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 25 OXFORD 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 OXFORD 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 OXFORD DRIVE?

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