5, DORSET DRIVE, MELTON MOWBRAY, LE13 0JN - £262,000

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

5 DORSET DRIVE is a midsized extended detached house of 109m², built sometime between 1983 and 1990. It was last sold for £262,000 in September 2015, which was around 3% below the average September 2015 detached price in the Melton local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.

5 DORSET DRIVE Sold Prices

Land registry data shows three sales for 5 DORSET 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 5 DORSET 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
2015 25 SEP	£262,000	£269,434	3% below HPI
2007 17 AUG	£249,000	£263,822	6% below HPI
2007 1 FEB	£220,000	£247,484	11% below HPI

5 DORSET 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 5 DORSET DRIVE sales between February 2007 and September 2015 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 August 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2015 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 5 DORSET DRIVE?

5 DORSET DRIVE is 109m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the largest 50% 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 5 DORSET DRIVE lies on this distribution: 50% of detached houses are smaller than 5 DORSET DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

5 DORSET DRIVE: Plot and Title Map

5 DORSET DRIVE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 5 DORSET 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 5 DORSET 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 5 DORSET DRIVE?

5 DORSET DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 5 on DORSET DRIVE.