38, CLARK DRIVE, MELTON MOWBRAY, LE13 1HU - £164,950

38 CLARK DRIVE is a very small detached house of 78m², built sometime between 1996 and 2002. It was last sold for £164,950 in November 2007, which was around 35% below the average November 2007 detached price in the Melton local authority area. The most recent EPC inspection was September 2015, where the current energy rating was B, and the potential energy rating was A.

38 CLARK DRIVE Sold Prices

Land registry data shows two sales for 38 CLARK 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 38 CLARK 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
2007 30 NOV	£164,950	£253,965	35% below HPI
2001 19 APR	£76,000	£123,802	39% below HPI

38 CLARK 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 38 CLARK DRIVE sales from April 2001 and November 2007 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 April 2001 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2007 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 38 CLARK DRIVE?

38 CLARK DRIVE is 78m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% 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 38 CLARK DRIVE lies on this distribution: 13% of detached houses are smaller than 38 CLARK DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

38 CLARK DRIVE: Plot and Title Map

38 CLARK DRIVE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 38 CLARK 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 38 CLARK 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 38 CLARK DRIVE?

38 CLARK DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 38 on CLARK DRIVE.