11, FERNELEY CRESCENT, MELTON MOWBRAY, LE13 1RY - £201,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 FERNELEY CRESCENT is a very small extended semi-detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £259,500. It was last sold for £201,000 in April 2018, which was around 6% above the average April 2018 semi-detached price in the Melton local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

11 FERNELEY CRESCENT Sold Prices

Land registry data shows three sales for 11 FERNELEY CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Melton local authority area for the corresponding sale date. One of the three 11 FERNELEY CRESCENT sales was for above the average price, whilst two 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
2018 20 APR	£201,000	£189,961	6% above HPI
2012 28 NOV	£137,500	£152,161	10% below HPI
1998 3 AUG	£53,000	£56,052	5% below HPI

11 FERNELEY CRESCENT Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Melton local authority area over time, sourced from the HPI. The three 11 FERNELEY CRESCENT sales between August 1998 and April 2018 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 2012 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the April 2018 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 11 FERNELEY CRESCENT be worth now?

11 FERNELEY CRESCENT might now be worth an estimated £259,500.

This is based on house price inflation of 29.1%, between April 2018 and February 2025, for semi-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 29.1% inflationary increase is applied to the most recent sale price for 11 FERNELEY CRESCENT of £201,000 on 20th April 2018. For the value to have increased from £201,000 to £259,500 over the seven years and two months to February 2025, the following assumptions must hold true:

• The value of 11 FERNELEY CRESCENT has moved in line with the HPI for semi-detached houses in the Melton local authority area.
• The April 2018 sale price of £201,000 represented a fair market value for the property.
• The size, condition, and specification of 11 FERNELEY CRESCENT has not materially changed since April 2018.

How Large is 11 FERNELEY CRESCENT?

11 FERNELEY CRESCENT is 78m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 20% of semi-detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Melton Mowbray, and where 11 FERNELEY CRESCENT lies on this distribution: 12% of semi-detached houses houses are smaller than 11 FERNELEY CRESCENT, and 88% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

11 FERNELEY CRESCENT: Plot and Title Map

11 FERNELEY CRESCENT sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 11 FERNELEY 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 11 FERNELEY 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 11 FERNELEY CRESCENT?

11 FERNELEY CRESCENT is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 11 on FERNELEY CRESCENT.