33, THAMES DRIVE, MELTON MOWBRAY, LE13 0DS - £126,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

33 THAMES DRIVE is a very small extended detached house of 77m², built sometime between 1967 and 1975. It was last sold for £126,000 in January 2003, which was around 29% below the average January 2003 detached price in the Melton local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

33 THAMES DRIVE Sold Prices

Land registry data shows two sales for 33 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 33 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
2003 31 JAN	£126,000	£176,613	29% below HPI
2001 21 SEP	£86,000	£132,775	35% below HPI

33 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 33 THAMES DRIVE sales from September 2001 and January 2003 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 September 2001 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the January 2003 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 33 THAMES DRIVE be worth now?

33 THAMES DRIVE might now be worth an estimated £284,037.

This is based on house price inflation of 125.4%, between January 2003 and December 2024, 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 125.4% inflationary increase is applied to the most recent sale price for 33 THAMES DRIVE of £126,000 on 31st January 2003. For the value to have increased from £126,000 to £284,037 over the twenty years and one month to December 2024, the following assumptions must hold true:

• The value of 33 THAMES DRIVE has moved in line with the HPI for detached houses in the Melton local authority area.
• The January 2003 sale price of £126,000 represented a fair market value for the property.
• The size, condition, and specification of 33 THAMES DRIVE has not materially changed since January 2003.

How Large is 33 THAMES DRIVE?

33 THAMES DRIVE is 77m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the smallest 20% 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 33 THAMES DRIVE lies on this distribution: 11% of detached houses houses are smaller than 33 THAMES DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

33 THAMES DRIVE: Plot and Title Map

33 THAMES DRIVE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 33 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 33 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 33 THAMES DRIVE?

33 THAMES DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 33 on THAMES DRIVE.