28, CARNEGIE CRESCENT, MELTON MOWBRAY, LE13 1RP - £315,000

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

28 CARNEGIE CRESCENT is a very large detached house of 164m², built sometime between 1991 and 1995. It was last sold for £315,000 in July 2015, which was around 14% above the average July 2015 detached price in the Melton local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

28 CARNEGIE CRESCENT Sold Prices

Land registry data shows five sales for 28 CARNEGIE CRESCENT since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the five 28 CARNEGIE CRESCENT sales were 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
2015 3 JUL	£315,000	£276,142	14% above HPI
2010 26 NOV	£262,000	£240,315	9% above HPI
2007 24 JUL	£295,000	£262,360	12% above HPI
2005 28 SEP	£270,000	£233,560	16% above HPI
2005 7 JUN	£249,000	£226,290	10% above HPI

28 CARNEGIE 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 five 28 CARNEGIE CRESCENT sales between June 2005 and July 2015 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 2010 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the July 2015 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 28 CARNEGIE CRESCENT be worth now?

28 CARNEGIE CRESCENT might now be worth an estimated £454,156.

This is based on house price inflation of 44.2%, between July 2015 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 44.2% inflationary increase is applied to the most recent sale price for 28 CARNEGIE CRESCENT of £315,000 on 3rd July 2015. For the value to have increased from £315,000 to £454,156 over the eight years and seven months to December 2024, the following assumptions must hold true:

• The value of 28 CARNEGIE CRESCENT has moved in line with the HPI for detached houses in the Melton local authority area.
• The July 2015 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 28 CARNEGIE CRESCENT has not materially changed since July 2015.

How Large is 28 CARNEGIE CRESCENT?

28 CARNEGIE CRESCENT is 164m² according to the EPC inspection conducted in July 2010. This puts it in the largest 20% 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 28 CARNEGIE CRESCENT lies on this distribution: 89% of detached houses houses are smaller than 28 CARNEGIE CRESCENT, and 11% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

28 CARNEGIE CRESCENT: Plot and Title Map

28 CARNEGIE CRESCENT sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of 28 CARNEGIE 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 28 CARNEGIE 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 28 CARNEGIE CRESCENT?

28 CARNEGIE CRESCENT is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 28 on CARNEGIE CRESCENT.