Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
36 REDBROOK CRESCENT is a large extended detached house of 118m², built sometime between 1967 and 1975. It was last sold for £190,000 in August 2014, which was around 25% 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.
Land registry data shows three sales for 36 REDBROOK CRESCENT since 1st 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 | £255,015 | 25% below HPI |
2005 24 JUN | £195,000 | £218,172 | 11% below HPI |
2003 15 OCT | £150,000 | £196,003 | 23% below HPI |
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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2014 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.
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 in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses by size in Melton Mowbray, and where 36 REDBROOK CRESCENT lies on this distribution: 60% of detached houses are smaller than 36 REDBROOK CRESCENT, and 39% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.
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.
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.