36, FERNELEY CRESCENT, MELTON MOWBRAY, LE13 1RZ - £105,000

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

36 FERNELEY CRESCENT is a small extended detached house of 99m², built sometime between 1950 and 1966, which could now be worth an estimated £262,442. It was last sold for £105,000 in June 2002, which was around 34% below the average June 2002 detached price in the Melton local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

36 FERNELEY CRESCENT Sold Prices

Land registry data shows three sales for 36 FERNELEY 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 36 FERNELEY 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
2002 28 JUN	£105,000	£159,288	34% below HPI
1997 6 JUN	£55,500	£87,021	36% below HPI
1995 24 NOV	£50,000	£80,190	38% below HPI

36 FERNELEY 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 36 FERNELEY CRESCENT sales between November 1995 and June 2002 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 June 1997 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2002 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 36 FERNELEY CRESCENT be worth now?

36 FERNELEY CRESCENT might now be worth an estimated £262,442.

This is based on house price inflation of 149.9%, between June 2002 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 149.9% inflationary increase is applied to the most recent sale price for 36 FERNELEY CRESCENT of £105,000 on 28th June 2002. For the value to have increased from £105,000 to £262,442 over the 21 years and six months to December 2024, the following assumptions must hold true:

• The value of 36 FERNELEY CRESCENT has moved in line with the HPI for detached houses in the Melton local authority area.
• The June 2002 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 36 FERNELEY CRESCENT has not materially changed since June 2002.

How Large is 36 FERNELEY CRESCENT?

36 FERNELEY CRESCENT is 99m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 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 36 FERNELEY CRESCENT lies on this distribution: 40% of detached houses houses are smaller than 36 FERNELEY CRESCENT, and 59% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

36 FERNELEY CRESCENT: Plot and Title Map

36 FERNELEY CRESCENT sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 36 FERNELEY 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 36 FERNELEY 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 36 FERNELEY CRESCENT?

36 FERNELEY CRESCENT is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 36 on FERNELEY CRESCENT.