18, OXFORD DRIVE, MELTON MOWBRAY, LE13 0AL - £310,000

18 OXFORD DRIVE is a large extended detached house of 124m², built sometime between 1950 and 1966. It was last sold for £310,000 in August 2018, which was around 3% below the average August 2018 detached price in the Melton local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

18 OXFORD DRIVE Sold Prices

Land registry data shows two sales for 18 OXFORD 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. One of the two 18 OXFORD DRIVE sales was for below the average price, whilst the other was 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
2018 22 AUG	£310,000	£320,363	3% below HPI
1999 6 DEC	£115,000	£112,540	2% above HPI

18 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 two 18 OXFORD DRIVE sales from December 1999 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 1999 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2018 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 18 OXFORD DRIVE?

18 OXFORD DRIVE is 124m², which includes one extension, according to the EPC inspection conducted in May 2017. 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 18 OXFORD DRIVE lies on this distribution: 66% of detached houses are smaller than 18 OXFORD DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

18 OXFORD DRIVE: Plot and Title Map

18 OXFORD DRIVE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 18 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 18 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 18 OXFORD DRIVE?

18 OXFORD DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 18 on OXFORD DRIVE.