31, THAMES DRIVE, MELTON MOWBRAY, LE13 0DS - £160,000

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

31 THAMES DRIVE is a very small detached house of 53m², built sometime between 1976 and 1982. It was last sold for £160,000 in August 2009, which was around 25% below the average August 2009 detached price in the Melton local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

31 THAMES DRIVE Sold Prices

Land registry data shows three sales for 31 THAMES DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the three 31 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
2009 7 AUG	£160,000	£213,068	25% below HPI
2004 19 MAY	£155,000	£205,881	25% below HPI
2003 8 MAY	£110,000	£182,781	40% below HPI

31 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 three 31 THAMES DRIVE sales between May 2003 and August 2009 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 May 2004 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2009 sale, which was also at 25% below the HPI.

How Large is 31 THAMES DRIVE?

31 THAMES DRIVE is 53m² according to the EPC inspection conducted in June 2009. 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 31 THAMES DRIVE lies on this distribution: 1% of detached houses are smaller than 31 THAMES DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

31 THAMES DRIVE: Plot and Title Map

31 THAMES DRIVE sits on a plot of roughly 0.090 of an acre, or 362m². The below map shows the location of 31 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 31 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 31 THAMES DRIVE?

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