6, MEDWAY DRIVE, MELTON MOWBRAY, LE13 0EE - £227,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

6 MEDWAY DRIVE is a very small extended detached house of 64m², built sometime between 1967 and 1975. It was last sold for £227,000 in October 2024, which was around 38% below the average October 2024 detached price in the Melton local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was B.

6 MEDWAY DRIVE Sold Prices

Land registry data shows two sales for 6 MEDWAY 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 6 MEDWAY 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
2024 25 OCT	£227,000	£367,766	38% below HPI
2000 22 SEP	£87,500	£116,741	25% below HPI

6 MEDWAY 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 MEDWAY DRIVE sales from September 2000 and October 2024 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 September 2000 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2024 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 6 MEDWAY DRIVE?

6 MEDWAY DRIVE is 64m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the smallest 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 6 MEDWAY DRIVE lies on this distribution: 4% of detached houses are smaller than 6 MEDWAY DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

6 MEDWAY DRIVE: Plot and Title Map

6 MEDWAY DRIVE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 6 MEDWAY 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 MEDWAY 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 MEDWAY DRIVE?

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