28, OXFORD DRIVE, MELTON MOWBRAY, LE13 0AL - £260,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

28 OXFORD DRIVE is a very small extended semi-detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £278,387. It was last sold for £260,000 in June 2024, which was around 14% above the average June 2024 semi-detached price in the Melton local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

28 OXFORD DRIVE Sold Prices

Land registry data shows two sales for 28 OXFORD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Melton local authority area for the corresponding sale date. Both of the two 28 OXFORD 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 14 JUN	£260,000	£228,748	14% above HPI
1996 23 SEP	£67,000	£51,672	30% above HPI

28 OXFORD DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Melton local authority area over time, sourced from the HPI. The two 28 OXFORD DRIVE sales from September 1996 and June 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 September 1996 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the June 2024 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 28 OXFORD DRIVE be worth now?

28 OXFORD DRIVE might now be worth an estimated £278,387.

This is based on house price inflation of 7.1%, between June 2024 and December 2024, for semi-detached houses, in the Melton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.1% inflationary increase is applied to the most recent sale price for 28 OXFORD DRIVE of £260,000 on 14th June 2024. For the value to have increased from £260,000 to £278,387 over the six months to December 2024, the following assumptions must hold true:

• The value of 28 OXFORD DRIVE has moved in line with the HPI for semi-detached houses in the Melton local authority area.
• The June 2024 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 28 OXFORD DRIVE has not materially changed since June 2024.

How Large is 28 OXFORD DRIVE?

28 OXFORD DRIVE is 81m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the smallest 20% of semi-detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Melton Mowbray, and where 28 OXFORD DRIVE lies on this distribution: 15% of semi-detached houses houses are smaller than 28 OXFORD DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

28 OXFORD DRIVE: Plot and Title Map

28 OXFORD DRIVE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 28 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 28 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 28 OXFORD DRIVE?

28 OXFORD DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 28 on OXFORD DRIVE.