6, KIPLING DRIVE, MELTON MOWBRAY, LE13 1LW - £250,000

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

6 KIPLING DRIVE is a large extended detached house of 127m², built sometime between 1991 and 1995. It was last sold for £250,000 in July 2019, which was around 20% below the average July 2019 detached price in the Melton local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

6 KIPLING DRIVE Sold Prices

Land registry data shows two sales for 6 KIPLING 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. One of the two 6 KIPLING DRIVE sales was for below the average price, whilst the other 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
2019 26 JUL	£250,000	£311,777	20% below HPI
1995 18 JUL	£86,000	£79,920	8% above HPI

6 KIPLING 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 6 KIPLING DRIVE sales from July 1995 and July 2019 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 1995 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the July 2019 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 6 KIPLING DRIVE?

6 KIPLING DRIVE is 127m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 40% 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 6 KIPLING DRIVE lies on this distribution: 69% of detached houses are smaller than 6 KIPLING DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

6 KIPLING DRIVE: Plot and Title Map

6 KIPLING DRIVE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 6 KIPLING 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 6 KIPLING 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 6 KIPLING DRIVE?

6 KIPLING DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 6 on KIPLING DRIVE.