14, TWEED DRIVE, MELTON MOWBRAY, LE13 0UZ - £252,000

14 TWEED DRIVE is a large extended detached house of 121m², built sometime between 1967 and 1975. It was last sold for £252,000 in October 2020, which was around 25% below the average October 2020 detached price in the Melton local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

14 TWEED DRIVE Sold Prices

Land registry data shows two sales for 14 TWEED 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 14 TWEED 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
2020 30 OCT	£252,000	£337,558	25% below HPI
2001 4 JUN	£65,000	£124,833	48% below HPI

14 TWEED 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 14 TWEED DRIVE sales from June 2001 and October 2020 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 June 2001 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the October 2020 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 14 TWEED DRIVE?

14 TWEED DRIVE is 121m², which includes one extension, according to the EPC inspection conducted in August 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 14 TWEED DRIVE lies on this distribution: 63% of detached houses are smaller than 14 TWEED DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

14 TWEED DRIVE: Plot and Title Map

14 TWEED DRIVE sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 14 TWEED 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 14 TWEED 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 14 TWEED DRIVE?

14 TWEED DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 14 on TWEED DRIVE.