7, WINCHESTER DRIVE, MELTON MOWBRAY, LE13 0PE - £275,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

7 WINCHESTER DRIVE is a large extended detached house of 119m², built sometime between 1983 and 1990. It was last sold for £275,000 in December 2021, which was around 21% below the average December 2021 detached price in the Melton local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

7 WINCHESTER DRIVE Sold Prices

Land registry data shows three sales for 7 WINCHESTER 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. All of the three 7 WINCHESTER 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
2021 6 DEC	£275,000	£350,074	21% below HPI
2003 1 AUG	£143,000	£189,447	25% below HPI
2000 24 AUG	£94,500	£113,271	17% below HPI

7 WINCHESTER 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 WINCHESTER DRIVE sales between August 2000 and December 2021 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 August 2003 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 7 WINCHESTER DRIVE?

7 WINCHESTER DRIVE is 119m², which includes two extensions, according to the EPC inspection conducted in September 2020. 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 7 WINCHESTER DRIVE lies on this distribution: 61% of detached houses are smaller than 7 WINCHESTER DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

7 WINCHESTER DRIVE: Plot and Title Map

7 WINCHESTER DRIVE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 7 WINCHESTER 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 WINCHESTER 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 WINCHESTER DRIVE?

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