32, OXFORD DRIVE, MELTON MOWBRAY, LE13 0AL - £310,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

32 OXFORD DRIVE is a midsized detached house of 104m², built sometime between 1967 and 1975. It was last sold for £310,000 in May 2023, which was around 16% below the average May 2023 detached price in the Melton local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

32 OXFORD DRIVE Sold Prices

Land registry data shows two sales for 32 OXFORD 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 32 OXFORD DRIVE sales was for below the average price, whilst the other was roughly equal to 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
2023 2 MAY	£310,000	£367,177	16% below HPI
2005 17 JAN	£212,500	£213,444	Close to HPI

32 OXFORD 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 32 OXFORD DRIVE sales from January 2005 and May 2023 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 January 2005 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2023 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 32 OXFORD DRIVE?

32 OXFORD DRIVE is 104m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 50% 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 32 OXFORD DRIVE lies on this distribution: 45% of detached houses are smaller than 32 OXFORD DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

32 OXFORD DRIVE: Plot and Title Map

32 OXFORD DRIVE sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of 32 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 32 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 32 OXFORD DRIVE?

32 OXFORD DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 32 on OXFORD DRIVE.