23, GLOUCESTER CRESCENT, MELTON MOWBRAY, LE13 0AQ - £212,500

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

23 GLOUCESTER CRESCENT is a midsized detached house of 106m², built sometime between 1950 and 1966, which could now be worth an estimated £304,967. It was last sold for £212,500 in February 2016, which was around 23% below the average February 2016 detached price in the Melton local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was C.

23 GLOUCESTER CRESCENT Sold Prices

Land registry data shows three sales for 23 GLOUCESTER CRESCENT 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. Two of the three 23 GLOUCESTER CRESCENT sales were for below the average price, whilst one was 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
2016 3 FEB	£212,500	£277,417	23% below HPI
2000 28 JUL	£136,500	£118,468	15% above HPI
1999 21 MAY	£92,000	£97,472	6% below HPI

23 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 three 23 GLOUCESTER CRESCENT sales between May 1999 and February 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 July 2000 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the February 2016 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 23 GLOUCESTER CRESCENT be worth now?

23 GLOUCESTER CRESCENT might now be worth an estimated £304,967.

This is based on house price inflation of 43.5%, between February 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 43.5% inflationary increase is applied to the most recent sale price for 23 GLOUCESTER CRESCENT of £212,500 on 3rd February 2016. For the value to have increased from £212,500 to £304,967 over the seven years and two months to December 2024, the following assumptions must hold true:

• The value of 23 GLOUCESTER CRESCENT has moved in line with the HPI for detached houses in the Melton local authority area.
• The February 2016 sale price of £212,500 represented a fair market value for the property.
• The size, condition, and specification of 23 GLOUCESTER CRESCENT has not materially changed since February 2016.

How Large is 23 GLOUCESTER CRESCENT?

23 GLOUCESTER CRESCENT is 106m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 50% 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 23 GLOUCESTER CRESCENT lies on this distribution: 47% of detached houses houses are smaller than 23 GLOUCESTER CRESCENT, and 52% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

23 GLOUCESTER CRESCENT: Plot and Title Map

23 GLOUCESTER CRESCENT sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of 23 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 23 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 23 GLOUCESTER CRESCENT?

23 GLOUCESTER CRESCENT is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 23 on GLOUCESTER CRESCENT.