3, HEATHER CRESCENT, MELTON MOWBRAY, LE13 0FP - £330,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

3 HEATHER CRESCENT is a midsized extended detached house of 102m², built sometime between 1996 and 2002. It was last sold for £330,000 in November 2021, which was around 5% below the average November 2021 detached price in the Melton local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.

3 HEATHER CRESCENT Sold Prices

Land registry data shows three sales for 3 HEATHER 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 3 HEATHER 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
2021 25 NOV	£330,000	£348,541	5% below HPI
2013 1 MAR	£195,000	£230,327	15% below HPI
2000 16 OCT	£124,950	£115,757	8% above HPI

3 HEATHER 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 3 HEATHER CRESCENT sales between October 2000 and November 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 March 2013 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2021 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 3 HEATHER CRESCENT?

3 HEATHER CRESCENT is 102m², which includes one extension, according to the EPC inspection conducted in February 2021. 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 3 HEATHER CRESCENT lies on this distribution: 42% of detached houses are smaller than 3 HEATHER CRESCENT, and 57% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

3 HEATHER CRESCENT: Plot and Title Map

3 HEATHER CRESCENT sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 3 HEATHER 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 3 HEATHER 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 3 HEATHER CRESCENT?

3 HEATHER CRESCENT is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 3 on HEATHER CRESCENT.