13, LANCERS DRIVE, MELTON MOWBRAY, LE13 0SY - £280,000

13 LANCERS DRIVE is a large extended detached house of 123m², built sometime between 2003 and 2006. It was last sold for £280,000 in March 2017, which was around 6% below the average March 2017 detached price in the Melton local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

13 LANCERS DRIVE Sold Prices

Land registry data shows two sales for 13 LANCERS 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 13 LANCERS 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
2017 24 MAR	£280,000	£298,949	6% below HPI
2003 19 DEC	£179,995	£199,294	10% below HPI

13 LANCERS 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 13 LANCERS DRIVE sales from December 2003 and March 2017 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 2003 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2017 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 13 LANCERS DRIVE?

13 LANCERS DRIVE is 123m², which includes one extension, according to the EPC inspection conducted in October 2013. 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 13 LANCERS DRIVE lies on this distribution: 65% of detached houses are smaller than 13 LANCERS DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

13 LANCERS DRIVE: Plot and Title Map

13 LANCERS DRIVE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 13 LANCERS 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 13 LANCERS 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 13 LANCERS DRIVE?

13 LANCERS DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 13 on LANCERS DRIVE.