Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources
3 CLARK DRIVE is a small extended detached house of 88m², built sometime between 1991 and 1995. It was last sold for £221,000 in July 2017, which was around 24% below the average July 2017 detached price in the Melton local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 3 CLARK 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 3 CLARK 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 |
---|---|---|---|
2017 14 JUL | £221,000 | £291,157 | ![]() 24% below HPI |
1995 20 APR | £72,500 | £74,607 | ![]() 3% 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 3 CLARK DRIVE sales from April 1995 and July 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 April 1995 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2017 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.
3 CLARK DRIVE is 88m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 30% 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 3 CLARK DRIVE lies on this distribution: 25% of detached houses are smaller than 3 CLARK DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.
3 CLARK DRIVE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 3 CLARK 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 3 CLARK 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.
3 CLARK DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 3 on CLARK DRIVE.