41, SHEPHERDS CROFT, MELTON MOWBRAY, LE13 1LG - £150,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

41 SHEPHERDS CROFT is a small extended detached house of 89m², built sometime between 1996 and 2002. It was last sold for £150,000 in November 2019, which was around 52% below the average November 2019 detached price in the Melton local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

41 SHEPHERDS CROFT Sold Prices

Land registry data shows four sales for 41 SHEPHERDS CROFT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the four 41 SHEPHERDS CROFT 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
2019 25 NOV	£150,000	£312,369	52% below HPI
2003 5 SEP	£98,500	£196,529	50% below HPI
2002 21 MAR	£77,000	£141,928	46% below HPI
2001 29 JUN	£64,500	£124,833	48% below HPI

41 SHEPHERDS CROFT 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 four 41 SHEPHERDS CROFT sales between June 2001 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 September 2003 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the November 2019 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 41 SHEPHERDS CROFT?

41 SHEPHERDS CROFT is 89m², which includes one extension, according to the EPC inspection conducted in March 2019. 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 41 SHEPHERDS CROFT lies on this distribution: 27% of detached houses are smaller than 41 SHEPHERDS CROFT, and 72% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

41 SHEPHERDS CROFT: Plot and Title Map

41 SHEPHERDS CROFT sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 41 SHEPHERDS CROFT, 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 41 SHEPHERDS CROFT). 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 41 SHEPHERDS CROFT?

41 SHEPHERDS CROFT is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 41 on SHEPHERDS CROFT.