15, SWALLOWS DRIVE, STATHERN, MELTON MOWBRAY, LE14 4ED - £382,500

15 SWALLOWS DRIVE is a large extended detached house of 196m², built sometime between 1991 and 1995. It was last sold for £382,500 in October 2020, which was around 13% above the average October 2020 detached price in the Melton local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was C.

15 SWALLOWS DRIVE Sold Prices

Land registry data shows two sales for 15 SWALLOWS 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 15 SWALLOWS 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
2020 26 OCT	£382,500	£337,558	13% above HPI
2007 18 JUL	£360,000	£252,948	42% above HPI

15 SWALLOWS 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 15 SWALLOWS DRIVE sales from July 2007 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 July 2007 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the October 2020 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 15 SWALLOWS DRIVE?

15 SWALLOWS DRIVE is 196m², which includes three extensions, according to the EPC inspection conducted in December 2013. This puts it in the largest 30% of detached houses in Stathern, based on EPC data. The below chart shows the distribution of detached houses by size in Stathern, and where 15 SWALLOWS DRIVE lies on this distribution: 80% of detached houses are smaller than 15 SWALLOWS DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Stathern.

15 SWALLOWS DRIVE: Plot and Title Map

15 SWALLOWS DRIVE sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 15 SWALLOWS 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 15 SWALLOWS 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 15 SWALLOWS DRIVE?

15 SWALLOWS DRIVE is located in STATHERN, in the LE14 postcode district. The below map shows the position of No. 15 on SWALLOWS DRIVE.