29, MELTON DRIVE, TAVERHAM, NORWICH, NR8 6TT - £320,000

29 MELTON DRIVE is a small extended detached house of 101m², built sometime between 1991 and 1995. It was last sold for £320,000 in January 2018, which was around 3% below the average January 2018 detached price in the Broadland local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

29 MELTON DRIVE Sold Prices

Land registry data shows five sales for 29 MELTON DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Most of the five 29 MELTON 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
2018 26 JAN	£320,000	£330,588	3% below HPI
2014 18 AUG	£235,000	£268,162	12% below HPI
2007 14 AUG	£249,000	£258,761	4% below HPI
1997 10 JUN	£73,500	£75,794	3% below HPI
1995 3 MAY	£76,250	£72,970	4% above HPI

29 MELTON DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The five 29 MELTON DRIVE sales between May 1995 and January 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 August 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the January 2018 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 29 MELTON DRIVE?

29 MELTON DRIVE is 101m², which includes two extensions, according to the EPC inspection conducted in April 2014. This puts it in the smallest 40% of detached houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses by size in Taverham, and where 29 MELTON DRIVE lies on this distribution: 33% of detached houses are smaller than 29 MELTON DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Taverham.

29 MELTON DRIVE: Plot and Title Map

29 MELTON DRIVE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 29 MELTON 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 29 MELTON 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 29 MELTON DRIVE?

29 MELTON DRIVE is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 29 on MELTON DRIVE.