24, THE CRESCENT, MELTON MOWBRAY, LE13 0NF - £230,000

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

24 THE CRESCENT is a midsized detached house of 105m², built sometime between 1983 and 1990. It was last sold for £230,000 in April 2016, which was around 17% below the average April 2016 detached price in the Melton local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

24 THE CRESCENT Sold Prices

Land registry data shows four sales for 24 THE CRESCENT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the four 24 THE 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 18 APR	£230,000	£276,241	17% below HPI
2007 8 FEB	£207,000	£247,484	16% below HPI
2002 5 SEP	£128,000	£161,695	21% below HPI
1998 15 MAY	£78,500	£92,464	15% below HPI

24 THE 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 four 24 THE CRESCENT sales between May 1998 and April 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 February 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2016 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 24 THE CRESCENT?

24 THE CRESCENT is 105m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 50% 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 24 THE CRESCENT lies on this distribution: 46% of detached houses are smaller than 24 THE CRESCENT, and 53% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

24 THE CRESCENT: Plot and Title Map

24 THE CRESCENT sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 24 THE 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 24 THE 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 24 THE CRESCENT?

24 THE CRESCENT is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 24 on THE CRESCENT.