38, THAMES DRIVE, MELTON MOWBRAY, LE13 0DS - £330,000

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

38 THAMES DRIVE is a small detached house of 92m², built sometime between 1950 and 1966. It was last sold for £330,000 in December 2022, which was around 12% below the average December 2022 detached price in the Melton local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

38 THAMES DRIVE Sold Prices

Land registry data shows two sales for 38 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 38 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
2022 16 DEC	£330,000	£375,658	12% below HPI
2003 7 NOV	£182,500	£198,176	8% below HPI

38 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 38 THAMES DRIVE sales from November 2003 and December 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 November 2003 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 38 THAMES DRIVE?

38 THAMES DRIVE is 92m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 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 38 THAMES DRIVE lies on this distribution: 31% of detached houses are smaller than 38 THAMES DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

38 THAMES DRIVE: Plot and Title Map

38 THAMES DRIVE sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 38 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 38 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 38 THAMES DRIVE?

38 THAMES DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 38 on THAMES DRIVE.