Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources
7 WORCESTER DRIVE is a very large extended detached house of 166m², built sometime between 1967 and 1975. It was last sold for £250,000 in May 2019, which was around 20% below the average May 2019 detached price in the Melton local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 7 WORCESTER DRIVE since 1st 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. Two of the three 7 WORCESTER DRIVE sales were for below the average price, whilst one 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 31 MAY | £250,000 | £310,998 | 20% below HPI |
2006 18 AUG | £237,500 | £227,898 | 4% above HPI |
1999 22 JUL | £97,000 | £98,405 | 1% below HPI |
The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The three 7 WORCESTER DRIVE sales between July 1999 and May 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 August 2006 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2019 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.
7 WORCESTER DRIVE is 166m², which includes two extensions, according to the EPC inspection conducted in March 2010. 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 7 WORCESTER DRIVE lies on this distribution: 90% of detached houses are smaller than 7 WORCESTER DRIVE, and 10% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.
7 WORCESTER DRIVE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 7 WORCESTER 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 WORCESTER 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.
7 WORCESTER DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 7 on WORCESTER DRIVE.