7, JAMES LAMBERT DRIVE, MELTON MOWBRAY, LE13 0SP - £395,000

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

7 JAMES LAMBERT DRIVE is a large extended detached house of 133m², built sometime between 2007 and 2011. It was last sold for £395,000 in December 2022, which was around 5% above the average December 2022 detached price in the Melton local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

7 JAMES LAMBERT DRIVE Sold Prices

Land registry data shows three sales for 7 JAMES LAMBERT 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. One of the three 7 JAMES LAMBERT DRIVE sales was for above the average price, whilst two 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
2022 16 DEC	£395,000	£375,658	5% above HPI
2019 22 JUL	£295,000	£311,777	5% below HPI
2011 9 SEP	£235,000	£236,714	1% below HPI

7 JAMES LAMBERT 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 7 JAMES LAMBERT DRIVE sales between September 2011 and December 2022 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 2019 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the December 2022 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 7 JAMES LAMBERT DRIVE?

7 JAMES LAMBERT DRIVE is 133m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 30% 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 7 JAMES LAMBERT DRIVE lies on this distribution: 74% of detached houses are smaller than 7 JAMES LAMBERT DRIVE, and 25% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

7 JAMES LAMBERT DRIVE: Plot and Title Map

7 JAMES LAMBERT DRIVE sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 7 JAMES LAMBERT 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 7 JAMES LAMBERT 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 7 JAMES LAMBERT DRIVE?

7 JAMES LAMBERT DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 7 on JAMES LAMBERT DRIVE.