37, THE CRESCENT, MELTON MOWBRAY, LE13 0NF - £315,000

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

37 THE CRESCENT is a very large detached house of 141m², which could now be worth an estimated £387,084. It was last sold for £315,000 in November 2019, which was around 3% below the average November 2019 detached price in the Melton local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was B.

37 THE CRESCENT Sold Prices

Land registry data shows three sales for 37 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. The three 37 THE CRESCENT sales were a mix of below the average price, roughly equal to the average price, and 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
2019 19 NOV	£315,000	£323,991	3% below HPI
2015 3 JUL	£275,600	£276,142	Close to HPI
2011 18 FEB	£265,750	£238,251	12% above HPI

37 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 37 THE CRESCENT sales between February 2011 and November 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 July 2015 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2019 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 37 THE CRESCENT be worth now?

37 THE CRESCENT might now be worth an estimated £387,084.

This is based on house price inflation of 22.9%, between November 2019 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 22.9% inflationary increase is applied to the most recent sale price for 37 THE CRESCENT of £315,000 on 19th November 2019. For the value to have increased from £315,000 to £387,084 over the four years and eleven months to December 2024, the following assumptions must hold true:

• The value of 37 THE CRESCENT has moved in line with the HPI for detached houses in the Melton local authority area.
• The November 2019 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 37 THE CRESCENT has not materially changed since November 2019.

How Large is 37 THE CRESCENT?

37 THE CRESCENT is 141m² according to the EPC inspection conducted in January 2011. This puts it in the largest 20% 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 37 THE CRESCENT lies on this distribution: 81% of detached houses houses are smaller than 37 THE CRESCENT, and 19% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

37 THE CRESCENT: Plot and Title Map

37 THE CRESCENT sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 37 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 37 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 37 THE CRESCENT?

37 THE CRESCENT is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 37 on THE CRESCENT.