5, SWALLOWS DRIVE, STATHERN, MELTON MOWBRAY, LE14 4ED - £280,000

5 SWALLOWS DRIVE is a midsized extended detached house of 149m², built sometime between 1991 and 1995. It was last sold for £280,000 in June 2012, which was around 20% above the average June 2012 detached price in the Melton local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

5 SWALLOWS DRIVE Sold Prices

Land registry data shows three sales for 5 SWALLOWS 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 5 SWALLOWS 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
2012 7 JUN	£280,000	£234,067	20% above HPI
2005 12 APR	£249,999	£210,177	19% above HPI
1997 24 SEP	£108,000	£86,265	25% above HPI

5 SWALLOWS 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 5 SWALLOWS DRIVE sales between September 1997 and June 2012 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 2005 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2012 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 5 SWALLOWS DRIVE?

5 SWALLOWS DRIVE is 149m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 50% of detached houses in Stathern, based on EPC data. The below chart shows the distribution of detached houses by size in Stathern, and where 5 SWALLOWS DRIVE lies on this distribution: 59% of detached houses are smaller than 5 SWALLOWS DRIVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Stathern.

5 SWALLOWS DRIVE: Plot and Title Map

5 SWALLOWS DRIVE sits on a plot of roughly 0.129 of an acre, or 521m². The below map shows the location of 5 SWALLOWS 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 5 SWALLOWS 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 5 SWALLOWS DRIVE?

5 SWALLOWS DRIVE is located in STATHERN, in the LE14 postcode district. The below map shows the position of No. 5 on SWALLOWS DRIVE.