34, MELODY DRIVE, SILEBY, LOUGHBOROUGH, LE12 7UT - £265,000

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

34 MELODY DRIVE is a very small semi-detached house of 78m², built sometime between 2003 and 2006. It was last sold for £265,000 in May 2022, which was around 8% above the average May 2022 semi-detached price in the Charnwood local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

34 MELODY DRIVE Sold Prices

Land registry data shows four sales for 34 MELODY DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Charnwood local authority area for the corresponding sale date. two of the four 34 MELODY DRIVE sales were for above the average price, and four 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
2022 19 MAY	£265,000	£244,798	8% above HPI
2016 5 FEB	£169,000	£175,661	4% below HPI
2007 23 MAR	£164,950	£158,183	4% above HPI
2003 31 JAN	£104,500	£109,637	5% below HPI

34 MELODY DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Charnwood local authority area over time, sourced from the HPI. The four 34 MELODY DRIVE sales between January 2003 and May 2022 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 February 2016 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2022 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 34 MELODY DRIVE be worth now?

34 MELODY DRIVE might now be worth an estimated £281,936.

This is based on house price inflation of 6.4%, between May 2022 and December 2024, for semi-detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.4% inflationary increase is applied to the most recent sale price for 34 MELODY DRIVE of £265,000 on 19th May 2022. For the value to have increased from £265,000 to £281,936 over the one year and five months to December 2024, the following assumptions must hold true:

• The value of 34 MELODY DRIVE has moved in line with the HPI for semi-detached houses in the Charnwood local authority area.
• The May 2022 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 34 MELODY DRIVE has not materially changed since May 2022.

How Large is 34 MELODY DRIVE?

34 MELODY DRIVE is 78m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% of semi-detached houses houses in Sileby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Sileby, and where 34 MELODY DRIVE lies on this distribution: 14% of semi-detached houses houses are smaller than 34 MELODY DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Sileby.

34 MELODY DRIVE: Plot and Title Map

34 MELODY DRIVE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 34 MELODY 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 34 MELODY 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 34 MELODY DRIVE?

34 MELODY DRIVE is located in SILEBY, in the LE12 postcode district. The below map shows the position of No. 34 on MELODY DRIVE.