31, LINCOLN DRIVE, MELTON MOWBRAY, LE13 0AH - £380,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

31 LINCOLN DRIVE is a large extended detached house of 132m², built sometime between 1967 and 1975, which could now be worth an estimated £481,505. It was last sold for £380,000 in December 2018, which was around 21% above the average December 2018 detached price in the Melton local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

31 LINCOLN DRIVE Sold Prices

Land registry data shows two sales for 31 LINCOLN 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 31 LINCOLN DRIVE sales was for above the average price, whilst the other was 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 20 DEC	£380,000	£315,339	21% above HPI
2016 10 OCT	£285,000	£292,225	2% below HPI

31 LINCOLN 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 31 LINCOLN DRIVE sales from October 2016 and December 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 October 2016 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2018 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 31 LINCOLN DRIVE be worth now?

31 LINCOLN DRIVE might now be worth an estimated £481,505.

This is based on house price inflation of 26.7%, between December 2018 and February 2025, for 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 26.7% inflationary increase is applied to the most recent sale price for 31 LINCOLN DRIVE of £380,000 on 20th December 2018. For the value to have increased from £380,000 to £481,505 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 31 LINCOLN DRIVE has moved in line with the HPI for detached houses in the Melton local authority area.
• The December 2018 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 31 LINCOLN DRIVE has not materially changed since December 2018.

How Large is 31 LINCOLN DRIVE?

31 LINCOLN DRIVE is 132m², which includes three extensions, according to the EPC inspection conducted in August 2016. This puts it in the largest 30% of detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melton Mowbray, and where 31 LINCOLN DRIVE lies on this distribution: 74% of detached houses houses are smaller than 31 LINCOLN DRIVE, and 25% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

31 LINCOLN DRIVE: Plot and Title Map

31 LINCOLN DRIVE sits on a plot of roughly 0.176 of an acre, or 711m². The below map shows the location of 31 LINCOLN 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 31 LINCOLN 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 31 LINCOLN DRIVE?

31 LINCOLN DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 31 on LINCOLN DRIVE.