4, KIPLING DRIVE, MELTON MOWBRAY, LE13 1LW - £435,000

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

4 KIPLING DRIVE is a very large extended detached house of 179m², built sometime between 1967 and 1975. It was last sold for £435,000 in August 2022, which was around 16% above the average August 2022 detached price in the Melton local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was C.

4 KIPLING DRIVE Sold Prices

Land registry data shows two sales for 4 KIPLING 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 4 KIPLING DRIVE sales were for above 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 4 AUG	£435,000	£373,494	16% above HPI
2015 29 MAY	£272,500	£255,597	7% above HPI

4 KIPLING 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 4 KIPLING DRIVE sales from May 2015 and August 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 2015 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the August 2022 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 4 KIPLING DRIVE?

4 KIPLING DRIVE is 179m², which includes three extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 10% 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 4 KIPLING DRIVE lies on this distribution: 93% of detached houses are smaller than 4 KIPLING DRIVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

4 KIPLING DRIVE: Plot and Title Map

4 KIPLING DRIVE sits on a plot of roughly 0.158 of an acre, or 639m². The below map shows the location of 4 KIPLING 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 4 KIPLING 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 4 KIPLING DRIVE?

4 KIPLING DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 4 on KIPLING DRIVE.