28, CRAVEN STREET, MELTON MOWBRAY, LE13 0QU - £249,900

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

28 CRAVEN STREET is a midsized extended semi-detached house of 106m², built sometime between 1930 and 1949, which could now be worth an estimated £284,279. It was last sold for £249,900 in February 2021, which was around 16% above the average February 2021 semi-detached price in the Melton local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

28 CRAVEN STREET Sold Prices

Land registry data shows five sales for 28 CRAVEN STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Melton local authority area for the corresponding sale date. Most of the five 28 CRAVEN STREET 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
2021 2 FEB	£249,900	£215,589	16% above HPI
2012 27 JAN	£138,000	£141,644	3% below HPI
2010 10 DEC	£157,000	£144,646	9% above HPI
2006 26 JUN	£152,000	£149,670	2% above HPI
1995 24 APR	£49,500	£45,599	9% above HPI

28 CRAVEN STREET Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Melton local authority area over time, sourced from the HPI. The five 28 CRAVEN STREET sales between April 1995 and February 2021 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 January 2012 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2021 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 28 CRAVEN STREET be worth now?

28 CRAVEN STREET might now be worth an estimated £284,279.

This is based on house price inflation of 13.8%, between February 2021 and February 2025, for semi-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 13.8% inflationary increase is applied to the most recent sale price for 28 CRAVEN STREET of £249,900 on 2nd February 2021. For the value to have increased from £249,900 to £284,279 over the four years to February 2025, the following assumptions must hold true:

• The value of 28 CRAVEN STREET has moved in line with the HPI for semi-detached houses in the Melton local authority area.
• The February 2021 sale price of £249,900 represented a fair market value for the property.
• The size, condition, and specification of 28 CRAVEN STREET has not materially changed since February 2021.

How Large is 28 CRAVEN STREET?

28 CRAVEN STREET is 106m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% of semi-detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Melton Mowbray, and where 28 CRAVEN STREET lies on this distribution: 47% of semi-detached houses houses are smaller than 28 CRAVEN STREET, and 52% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

28 CRAVEN STREET: Plot and Title Map

28 CRAVEN STREET sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 28 CRAVEN STREET, 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 CRAVEN STREET). 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 CRAVEN STREET?

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