2, GLOUCESTER CRESCENT, MELTON MOWBRAY, LE13 0AQ - £360,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 GLOUCESTER CRESCENT is a very large extended detached house of 167m², built sometime between 1950 and 1966. It was last sold for £360,000 in December 2017, which was around 23% above the average December 2017 detached price in the Melton local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

2 GLOUCESTER CRESCENT Sold Prices

Land registry data shows two sales for 2 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. One of the two 2 GLOUCESTER CRESCENT sales was for above the average price, whilst the other was 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
2017 14 DEC	£360,000	£292,611	23% above HPI
2011 27 MAY	£153,000	£226,447	32% below HPI

2 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 2 GLOUCESTER CRESCENT sales from May 2011 and December 2017 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 May 2011 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2017 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 2 GLOUCESTER CRESCENT?

2 GLOUCESTER CRESCENT is 167m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 10% 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 2 GLOUCESTER CRESCENT lies on this distribution: 91% of detached houses are smaller than 2 GLOUCESTER CRESCENT, and 9% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

2 GLOUCESTER CRESCENT: Plot and Title Map

2 GLOUCESTER CRESCENT sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 2 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 2 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 2 GLOUCESTER CRESCENT?

2 GLOUCESTER CRESCENT is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 2 on GLOUCESTER CRESCENT.