38, HEATHER CRESCENT, MELTON MOWBRAY, LE13 0FP - £178,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

38 HEATHER CRESCENT is a small detached house of 88m², built sometime between 1996 and 2002. It was last sold for £178,000 in October 2013, which was around 26% below the average October 2013 detached price in the Melton local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

38 HEATHER CRESCENT Sold Prices

Land registry data shows two sales for 38 HEATHER CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Melton local authority area for the corresponding sale date. Both of the two 38 HEATHER 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
2013 21 OCT	£178,000	£240,145	26% below HPI
1999 16 JUL	£86,500	£98,405	12% below HPI

38 HEATHER 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 two 38 HEATHER CRESCENT sales from July 1999 and October 2013 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 1999 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2013 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 38 HEATHER CRESCENT?

38 HEATHER CRESCENT is 88m² according to the EPC inspection conducted in March 2012. 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 38 HEATHER CRESCENT lies on this distribution: 26% of detached houses are smaller than 38 HEATHER CRESCENT, and 74% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

38 HEATHER CRESCENT: Plot and Title Map

38 HEATHER CRESCENT sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 38 HEATHER 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 38 HEATHER 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 38 HEATHER CRESCENT?

38 HEATHER CRESCENT is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 38 on HEATHER CRESCENT.