26, THE CRESCENT, MELTON MOWBRAY, LE13 0NF - £207,500

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

26 THE CRESCENT is a large extended detached house of 118m², built sometime between 1996 and 2002, which could now be worth an estimated £312,329. It was last sold for £207,500 in August 2014, which was around 22% below the average August 2014 detached price in the Melton local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

26 THE CRESCENT Sold Prices

Land registry data shows three sales for 26 THE 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. All of the three 26 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
2014 15 AUG	£207,500	£264,504	22% below HPI
2001 15 OCT	£114,000	£134,073	15% below HPI
1998 29 APR	£71,000	£95,263	25% below HPI

26 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 three 26 THE CRESCENT sales between April 1998 and August 2014 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 October 2001 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2014 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 26 THE CRESCENT be worth now?

26 THE CRESCENT might now be worth an estimated £312,329.

This is based on house price inflation of 50.5%, between August 2014 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 50.5% inflationary increase is applied to the most recent sale price for 26 THE CRESCENT of £207,500 on 15th August 2014. For the value to have increased from £207,500 to £312,329 over the nine years and eight months to December 2024, the following assumptions must hold true:

• The value of 26 THE CRESCENT has moved in line with the HPI for detached houses in the Melton local authority area.
• The August 2014 sale price of £207,500 represented a fair market value for the property.
• The size, condition, and specification of 26 THE CRESCENT has not materially changed since August 2014.

How Large is 26 THE CRESCENT?

26 THE CRESCENT is 118m², which includes one extension, according to the EPC inspection conducted in June 2024. This puts it in the largest 40% 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 26 THE CRESCENT lies on this distribution: 61% of detached houses houses are smaller than 26 THE CRESCENT, and 38% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

26 THE CRESCENT: Plot and Title Map

26 THE CRESCENT sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 26 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 26 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 26 THE CRESCENT?

26 THE CRESCENT is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 26 on THE CRESCENT.