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 WILLCOX DRIVE is a midsized extended detached house of 103m², built sometime between 1967 and 1975. It was last sold for £280,000 in November 2019, which was around 10% below the average November 2019 detached price in the Melton local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 25 WILLCOX DRIVE since 1st 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 25 WILLCOX 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 |
---|---|---|---|
2019 29 NOV | £280,000 | £312,369 | 10% below HPI |
2014 14 AUG | £185,000 | £255,015 | 27% below HPI |
The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The two 25 WILLCOX DRIVE sales from August 2014 and November 2019 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 2014 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2019 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.
25 WILLCOX DRIVE is 103m², which includes one extension, according to the EPC inspection conducted in January 2011. 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 25 WILLCOX DRIVE lies on this distribution: 43% of detached houses are smaller than 25 WILLCOX DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.
25 WILLCOX DRIVE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 25 WILLCOX 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 WILLCOX 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.
25 WILLCOX DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 25 on WILLCOX DRIVE.