51, NORFOLK DRIVE, MELTON MOWBRAY, LE13 0AZ - £420,000

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

51 NORFOLK DRIVE is a very large extended detached house of 263m², built sometime between 1967 and 1975. It was last sold for £420,000 in March 2015, which was around 67% above the average March 2015 detached price in the Melton local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was C.

51 NORFOLK DRIVE Sold Prices

Land registry data shows two sales for 51 NORFOLK 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 51 NORFOLK 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
2015 27 MAR	£420,000	£252,105	67% above HPI
2009 27 NOV	£280,000	£221,498	26% above HPI

51 NORFOLK 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 51 NORFOLK DRIVE sales from November 2009 and March 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 November 2009 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the March 2015 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

How Large is 51 NORFOLK DRIVE?

51 NORFOLK DRIVE is 263m², which includes three extensions, according to the EPC inspection conducted in June 2014. 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 51 NORFOLK DRIVE lies on this distribution: 99% of detached houses are smaller than 51 NORFOLK DRIVE, and 1% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

51 NORFOLK DRIVE: Plot and Title Map

51 NORFOLK DRIVE sits on a plot of roughly 0.231 of an acre, or 934m². The below map shows the location of 51 NORFOLK 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 51 NORFOLK 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 51 NORFOLK DRIVE?

51 NORFOLK DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 51 on NORFOLK DRIVE.