12, OXFORD DRIVE, MELTON MOWBRAY, LE13 0AL - £349,950

12 OXFORD DRIVE is a midsized extended detached house of 114m², built sometime between 1950 and 1966. It was last sold for £349,950 in August 2018, which was around 9% above the average August 2018 detached price in the Melton local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

12 OXFORD DRIVE Sold Prices

Land registry data shows three sales for 12 OXFORD 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 12 OXFORD 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
2018 14 AUG	£349,950	£320,363	9% above HPI
2015 14 DEC	£200,000	£266,697	25% below HPI
2007 25 JUL	£178,000	£252,948	30% below HPI

12 OXFORD 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 12 OXFORD DRIVE sales between July 2007 and August 2018 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 December 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2018 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 12 OXFORD DRIVE?

12 OXFORD DRIVE is 114m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the largest 50% 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 12 OXFORD DRIVE lies on this distribution: 55% of detached houses are smaller than 12 OXFORD DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

12 OXFORD DRIVE: Plot and Title Map

12 OXFORD DRIVE sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 12 OXFORD 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 12 OXFORD 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 12 OXFORD DRIVE?

12 OXFORD DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 12 on OXFORD DRIVE.