4, CRANMERE ROAD, MELTON MOWBRAY, LE13 1TB - £189,000

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

4 CRANMERE ROAD is a very small detached house of 55m², built sometime between 1976 and 1982. It was last sold for £189,000 in May 2018, which was around 38% below the average May 2018 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 B.

4 CRANMERE ROAD Sold Prices

Land registry data shows two sales for 4 CRANMERE ROAD 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 4 CRANMERE ROAD 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
2018 25 MAY	£189,000	£303,958	38% below HPI
2014 10 APR	£135,000	£239,265	44% below HPI

4 CRANMERE ROAD 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 4 CRANMERE ROAD sales from April 2014 and May 2018 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 April 2014 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 2018 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 4 CRANMERE ROAD?

4 CRANMERE ROAD is 55m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% 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 4 CRANMERE ROAD lies on this distribution: 1% of detached houses are smaller than 4 CRANMERE ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

4 CRANMERE ROAD: Plot and Title Map

4 CRANMERE ROAD sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 4 CRANMERE ROAD, 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 4 CRANMERE ROAD). 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 4 CRANMERE ROAD?

4 CRANMERE ROAD is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 4 on CRANMERE ROAD.