34, MELODY DRIVE, SILEBY, LOUGHBOROUGH, LE12 7UT - £265,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

34 MELODY DRIVE is a very small semi-detached house of 78m², built sometime between 2003 and 2006. It was last sold for £265,000 in May 2022, which was around 33% below the average May 2022 detached price in the Charnwood local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

34 MELODY DRIVE Sold Prices

Land registry data shows four sales for 34 MELODY DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the four 34 MELODY 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
2022 19 MAY	£265,000	£397,494	33% below HPI
2016 5 FEB	£169,000	£286,751	41% below HPI
2007 23 MAR	£164,950	£250,928	34% below HPI
2003 31 JAN	£104,500	£185,748	44% below HPI

34 MELODY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The four 34 MELODY DRIVE sales between January 2003 and May 2022 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 2016 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the May 2022 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 34 MELODY DRIVE?

34 MELODY DRIVE is 78m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% of detached houses in Sileby, based on EPC data. The below chart shows the distribution of detached houses by size in Sileby, and where 34 MELODY DRIVE lies on this distribution: 14% of detached houses are smaller than 34 MELODY DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Sileby.

34 MELODY DRIVE: Plot and Title Map

34 MELODY DRIVE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 34 MELODY 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 34 MELODY 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 34 MELODY DRIVE?

34 MELODY DRIVE is located in SILEBY, in the LE12 postcode district. The below map shows the position of No. 34 on MELODY DRIVE.