47, WILLCOX DRIVE, MELTON MOWBRAY, LE13 1HH - £339,000

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

47 WILLCOX DRIVE is a very large extended detached house of 144m², built sometime between 1967 and 1975, which could now be worth an estimated £385,489. It was last sold for £339,000 in October 2020, which was around 3% below the average October 2020 detached price in the Melton local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was C.

47 WILLCOX DRIVE Sold Prices

Land registry data shows three sales for 47 WILLCOX 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. One of the three 47 WILLCOX DRIVE sales was for below the average price, whilst two 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
2020 20 OCT	£339,000	£350,118	3% below HPI
2006 20 JUL	£265,000	£237,253	12% above HPI
2002 20 MAR	£155,000	£147,209	5% above HPI

47 WILLCOX 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 47 WILLCOX DRIVE sales between March 2002 and October 2020 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 July 2006 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the October 2020 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 47 WILLCOX DRIVE be worth now?

47 WILLCOX DRIVE might now be worth an estimated £385,489.

This is based on house price inflation of 13.7%, between October 2020 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 13.7% inflationary increase is applied to the most recent sale price for 47 WILLCOX DRIVE of £339,000 on 20th October 2020. For the value to have increased from £339,000 to £385,489 over the three years and ten months to December 2024, the following assumptions must hold true:

• The value of 47 WILLCOX DRIVE has moved in line with the HPI for detached houses in the Melton local authority area.
• The October 2020 sale price of £339,000 represented a fair market value for the property.
• The size, condition, and specification of 47 WILLCOX DRIVE has not materially changed since October 2020.

How Large is 47 WILLCOX DRIVE?

47 WILLCOX DRIVE is 144m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the largest 20% 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 47 WILLCOX DRIVE lies on this distribution: 82% of detached houses houses are smaller than 47 WILLCOX DRIVE, and 18% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

47 WILLCOX DRIVE: Plot and Title Map

47 WILLCOX DRIVE sits on a plot of roughly 0.168 of an acre, or 680m². The below map shows the location of 47 WILLCOX 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 47 WILLCOX 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 47 WILLCOX DRIVE?

47 WILLCOX DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 47 on WILLCOX DRIVE.