32, THE CRESCENT, MELTON MOWBRAY, LE13 0NF - £254,995

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

32 THE CRESCENT is a small detached house of 91m², built sometime between 1976 and 1982. It was last sold for £254,995 in June 2019, which was around 18% below the average June 2019 detached price in the Melton local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

32 THE CRESCENT Sold Prices

Land registry data shows three sales for 32 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 32 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
2019 17 JUN	£254,995	£311,990	18% below HPI
2018 7 FEB	£235,000	£302,652	22% below HPI
2004 5 MAR	£167,500	£202,814	17% below HPI

32 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 32 THE CRESCENT sales between March 2004 and June 2019 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 2018 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2019 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 32 THE CRESCENT?

32 THE CRESCENT is 91m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% 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 32 THE CRESCENT lies on this distribution: 29% of detached houses are smaller than 32 THE CRESCENT, and 69% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

32 THE CRESCENT: Plot and Title Map

32 THE CRESCENT sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 32 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 32 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 32 THE CRESCENT?

32 THE CRESCENT is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 32 on THE CRESCENT.