29, THAMES DRIVE, MELTON MOWBRAY, LE13 0DS - £210,000

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

29 THAMES DRIVE is a very small extended detached house of 75m², built sometime between 1950 and 1966. It was last sold for £210,000 in January 2018, which was around 29% below the average January 2018 detached price in the Melton local authority area. The most recent EPC inspection was September 2017, where the current energy rating was E, and the potential energy rating was B.

29 THAMES DRIVE Sold Prices

Land registry data shows two sales for 29 THAMES 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. Both of the two 29 THAMES 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
2018 17 JAN	£210,000	£294,536	29% below HPI
1995 28 APR	£59,995	£74,607	20% below HPI

29 THAMES 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 29 THAMES DRIVE sales from April 1995 and January 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 April 1995 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2018 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 29 THAMES DRIVE?

29 THAMES DRIVE is 75m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% 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 29 THAMES DRIVE lies on this distribution: 10% of detached houses are smaller than 29 THAMES DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

29 THAMES DRIVE: Plot and Title Map

29 THAMES DRIVE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 29 THAMES 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 29 THAMES 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 29 THAMES DRIVE?

29 THAMES DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 29 on THAMES DRIVE.