4, WOODCOCK DRIVE, MELTON MOWBRAY, LE13 0BD - £233,000

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

4 WOODCOCK DRIVE is a small extended detached house of 85m², built sometime between 1967 and 1975. It was last sold for £233,000 in May 2021, which was around 32% below the average May 2021 detached price in the Melton local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

4 WOODCOCK DRIVE Sold Prices

Land registry data shows three sales for 4 WOODCOCK DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the three 4 WOODCOCK 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
2021 27 MAY	£233,000	£343,461	32% below HPI
2015 24 MAR	£175,000	£261,486	33% below HPI
1996 21 NOV	£57,500	£93,176	38% below HPI

4 WOODCOCK 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 three 4 WOODCOCK DRIVE sales between November 1996 and May 2021 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 March 2015 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2021 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 4 WOODCOCK DRIVE be worth now?

4 WOODCOCK DRIVE might now be worth an estimated £270,088.

This is based on house price inflation of 15.9%, between May 2021 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 15.9% inflationary increase is applied to the most recent sale price for 4 WOODCOCK DRIVE of £233,000 on 27th May 2021. For the value to have increased from £233,000 to £270,088 over the two years and five months to December 2024, the following assumptions must hold true:

• The value of 4 WOODCOCK DRIVE has moved in line with the HPI for detached houses in the Melton local authority area.
• The May 2021 sale price of £233,000 represented a fair market value for the property.
• The size, condition, and specification of 4 WOODCOCK DRIVE has not materially changed since May 2021.

How Large is 4 WOODCOCK DRIVE?

4 WOODCOCK DRIVE is 85m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 30% 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 4 WOODCOCK DRIVE lies on this distribution: 20% of detached houses houses are smaller than 4 WOODCOCK DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

4 WOODCOCK DRIVE: Plot and Title Map

4 WOODCOCK DRIVE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 4 WOODCOCK 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 WOODCOCK 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 WOODCOCK DRIVE?

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