5, WORCESTER DRIVE, MELTON MOWBRAY, LE13 0AT - £227,500

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 WORCESTER DRIVE is a very large detached house of 150m², built sometime between 1976 and 1982. It was last sold for £227,500 in September 2013, which was around 2% below the average September 2013 detached price in the Melton local authority area. The most recent EPC inspection was February 2010, where the current energy rating was E, and the potential energy rating was C.

5 WORCESTER DRIVE Sold Prices

Land registry data shows three sales for 5 WORCESTER 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. Two of the three 5 WORCESTER DRIVE sales were for below the average price, whilst one was 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
2013 30 SEP	£227,500	£232,628	2% below HPI
2007 15 JUN	£245,500	£246,992	1% below HPI
1997 23 MAY	£98,000	£84,579	16% above HPI

5 WORCESTER 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 WORCESTER DRIVE sales between May 1997 and September 2013 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 June 2007 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the September 2013 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 5 WORCESTER DRIVE?

5 WORCESTER DRIVE is 150m² according to the EPC inspection conducted in February 2010. This puts it in the largest 20% 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 WORCESTER DRIVE lies on this distribution: 84% of detached houses are smaller than 5 WORCESTER DRIVE, and 16% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

5 WORCESTER DRIVE: Plot and Title Map

5 WORCESTER DRIVE sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of 5 WORCESTER 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 WORCESTER 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 WORCESTER DRIVE?

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