36, REDBROOK CRESCENT, MELTON MOWBRAY, LE13 0EU - £190,000

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.

36 REDBROOK CRESCENT is a large extended detached house of 118m², built sometime between 1967 and 1975, which could now be worth an estimated £287,023. It was last sold for £190,000 in August 2014, which was around 28% below the average August 2014 detached price in the Melton local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

36 REDBROOK CRESCENT Sold Prices

Land registry data shows three sales for 36 REDBROOK 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 REDBROOK 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
2014 15 AUG	£190,000	£264,504	28% below HPI
2005 24 JUN	£195,000	£226,290	14% below HPI
2003 15 OCT	£150,000	£203,295	26% below HPI

36 REDBROOK 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 REDBROOK CRESCENT sales between October 2003 and August 2014 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 2005 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2014 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 36 REDBROOK CRESCENT be worth now?

36 REDBROOK CRESCENT might now be worth an estimated £287,023.

This is based on house price inflation of 51.1%, between August 2014 and February 2025, 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 51.1% inflationary increase is applied to the most recent sale price for 36 REDBROOK CRESCENT of £190,000 on 15th August 2014. For the value to have increased from £190,000 to £287,023 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 36 REDBROOK CRESCENT has moved in line with the HPI for detached houses in the Melton local authority area.
• The August 2014 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 36 REDBROOK CRESCENT has not materially changed since August 2014.

How Large is 36 REDBROOK CRESCENT?

36 REDBROOK CRESCENT is 118m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 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 REDBROOK CRESCENT lies on this distribution: 61% of detached houses houses are smaller than 36 REDBROOK CRESCENT, and 38% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

36 REDBROOK CRESCENT: Plot and Title Map

36 REDBROOK CRESCENT sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 36 REDBROOK 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 REDBROOK 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 REDBROOK CRESCENT?

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