Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
108 CRANMERE ROAD is a small detached house of 94m², built sometime between 1991 and 1995. It was last sold for £310,000 in January 2023, which was around 17% below the average January 2023 detached price in the Melton local authority area. The most recent EPC inspection was August 2015, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows five sales for 108 CRANMERE ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the five 108 CRANMERE ROAD 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 |
---|---|---|---|
2023 24 JAN | £310,000 | £374,757 | 17% below HPI |
2016 24 MAR | £202,500 | £270,185 | 25% below HPI |
2007 9 FEB | £189,950 | £247,484 | 23% below HPI |
2002 5 APR | £112,000 | £143,407 | 22% below HPI |
2000 1 JUN | £89,000 | £111,223 | 20% below HPI |
The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The five 108 CRANMERE ROAD sales between June 2000 and January 2023 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 March 2016 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2023 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.
108 CRANMERE ROAD is 94m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 40% 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 108 CRANMERE ROAD lies on this distribution: 34% of detached houses are smaller than 108 CRANMERE ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.
108 CRANMERE ROAD sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 108 CRANMERE ROAD, 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 108 CRANMERE ROAD). 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.
108 CRANMERE ROAD is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 108 on CRANMERE ROAD.