35, NORFOLK DRIVE, MELTON MOWBRAY, LE13 0AZ - £380,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

35 NORFOLK DRIVE is a large extended detached house of 127m², built sometime between 1950 and 1966. It was last sold for £380,000 in October 2022, which was about the average October 2022 detached price in the Melton local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

35 NORFOLK DRIVE Sold Prices

Land registry data shows four sales for 35 NORFOLK DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Melton local authority area for the corresponding sale date. The four 35 NORFOLK DRIVE sales were a mix of roughly equal to the average price, and 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 11 OCT	£380,000	£381,761	Close to HPI
2006 19 MAY	£193,000	£226,324	15% below HPI
2001 24 JUL	£117,000	£125,944	7% below HPI
1998 30 SEP	£89,950	£95,358	6% below HPI

35 NORFOLK 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 four 35 NORFOLK DRIVE sales between September 1998 and October 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 May 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 35 NORFOLK DRIVE?

35 NORFOLK DRIVE is 127m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the largest 40% 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 35 NORFOLK DRIVE lies on this distribution: 69% of detached houses are smaller than 35 NORFOLK DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

35 NORFOLK DRIVE: Plot and Title Map

35 NORFOLK DRIVE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 35 NORFOLK 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 35 NORFOLK 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 35 NORFOLK DRIVE?

35 NORFOLK DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 35 on NORFOLK DRIVE.