8A, HAMILTON DRIVE, MELTON MOWBRAY, LE13 0QY - £425,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8A HAMILTON DRIVE is a very large extended detached house of 207m², built sometime between 1996 and 2002. It was last sold for £425,000 in March 2007, which was around 70% above the average March 2007 detached price in the Melton local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

8A HAMILTON DRIVE Sold Prices

Land registry data shows two sales for 8A HAMILTON 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 8A HAMILTON DRIVE sales were 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
2007 12 MAR	£425,000	£250,385	70% above HPI
2000 24 JAN	£240,000	£109,542	119% above HPI

8A HAMILTON 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 8A HAMILTON DRIVE sales from January 2000 and March 2007 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 January 2000 sale was for 119% above the HPI. So the extrapolation line tracks at 119% above the HPI over time, until the March 2007 sale, where it falls to 70% above the HPI. The line then continues to track at 70% above the HPI.

How Large is 8A HAMILTON DRIVE?

8A HAMILTON DRIVE is 207m², which includes one extension, according to the EPC inspection conducted in March 2017. 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 8A HAMILTON DRIVE lies on this distribution: 97% of detached houses are smaller than 8A HAMILTON DRIVE, and 3% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

8A HAMILTON DRIVE: Plot and Title Map

8A HAMILTON DRIVE sits on a plot of roughly 0.232 of an acre, or 940m². The below map shows the location of 8A HAMILTON 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 8A HAMILTON 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 8A HAMILTON DRIVE?

8A HAMILTON DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 8A on HAMILTON DRIVE.