26, RICHMOND DRIVE, MELTON MOWBRAY, LE13 0JP - £310,000

26 RICHMOND DRIVE is a large detached house of 134m², built sometime between 2003 and 2006. It was last sold for £310,000 in December 2014, which was around 21% above the average December 2014 detached price in the Melton local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

26 RICHMOND DRIVE Sold Prices

Land registry data shows three sales for 26 RICHMOND 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. All of the three 26 RICHMOND 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
2014 22 DEC	£310,000	£257,038	21% above HPI
2009 27 FEB	£300,000	£212,733	41% above HPI
2006 31 MAR	£304,950	£210,286	45% above HPI

26 RICHMOND 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 26 RICHMOND DRIVE sales between March 2006 and December 2014 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 February 2009 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the December 2014 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 26 RICHMOND DRIVE?

26 RICHMOND DRIVE is 134m² according to the EPC inspection conducted in October 2008. This puts it in the largest 30% 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 26 RICHMOND DRIVE lies on this distribution: 76% of detached houses are smaller than 26 RICHMOND DRIVE, and 24% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

26 RICHMOND DRIVE: Plot and Title Map

26 RICHMOND DRIVE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 26 RICHMOND 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 26 RICHMOND 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 26 RICHMOND DRIVE?

26 RICHMOND DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 26 on RICHMOND DRIVE.