10, GLOUCESTER CRESCENT, MELTON MOWBRAY, LE13 0AQ - £219,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 GLOUCESTER CRESCENT is a small extended detached house of 87m², built sometime between 1950 and 1966. It was last sold for £219,000 in October 2016, which was around 25% below the average October 2016 detached price in the Melton local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

10 GLOUCESTER CRESCENT Sold Prices

Land registry data shows two sales for 10 GLOUCESTER CRESCENT 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 10 GLOUCESTER CRESCENT 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
2016 14 OCT	£219,000	£292,225	25% below HPI
1999 12 NOV	£95,950	£112,258	15% below HPI

10 GLOUCESTER CRESCENT 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 10 GLOUCESTER CRESCENT sales from November 1999 and October 2016 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 November 1999 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 10 GLOUCESTER CRESCENT be worth now?

10 GLOUCESTER CRESCENT might now be worth an estimated £298,369.

This is based on house price inflation of 36.2%, between October 2016 and December 2024, for detached houses, in the Melton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.2% inflationary increase is applied to the most recent sale price for 10 GLOUCESTER CRESCENT of £219,000 on 14th October 2016. For the value to have increased from £219,000 to £298,369 over the seven years and ten months to December 2024, the following assumptions must hold true:

• The value of 10 GLOUCESTER CRESCENT has moved in line with the HPI for detached houses in the Melton local authority area.
• The October 2016 sale price of £219,000 represented a fair market value for the property.
• The size, condition, and specification of 10 GLOUCESTER CRESCENT has not materially changed since October 2016.

How Large is 10 GLOUCESTER CRESCENT?

10 GLOUCESTER CRESCENT is 87m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the smallest 30% of detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melton Mowbray, and where 10 GLOUCESTER CRESCENT lies on this distribution: 24% of detached houses houses are smaller than 10 GLOUCESTER CRESCENT, and 75% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

10 GLOUCESTER CRESCENT: Plot and Title Map

10 GLOUCESTER CRESCENT sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 10 GLOUCESTER CRESCENT, 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 10 GLOUCESTER CRESCENT). 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 10 GLOUCESTER CRESCENT?

10 GLOUCESTER CRESCENT is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 10 on GLOUCESTER CRESCENT.