41, THE CRESCENT, MELTON MOWBRAY, LE13 0NF - £300,000

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

41 THE CRESCENT is a large detached house of 125m². It was last sold for £300,000 in February 2020, which was around 7% below the average February 2020 detached price in the Melton local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was C.

41 THE CRESCENT Sold Prices

Land registry data shows two sales for 41 THE 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 41 THE 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
2020 11 FEB	£300,000	£321,665	7% below HPI
2012 23 NOV	£249,750	£251,085	1% below HPI

41 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 two 41 THE CRESCENT sales from November 2012 and February 2020 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 November 2012 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2020 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 41 THE CRESCENT be worth now?

41 THE CRESCENT might now be worth an estimated £371,317.

This is based on house price inflation of 23.8%, between February 2020 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 23.8% inflationary increase is applied to the most recent sale price for 41 THE CRESCENT of £300,000 on 11th February 2020. For the value to have increased from £300,000 to £371,317 over the three years and two months to December 2024, the following assumptions must hold true:

• The value of 41 THE CRESCENT has moved in line with the HPI for detached houses in the Melton local authority area.
• The February 2020 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 41 THE CRESCENT has not materially changed since February 2020.

How Large is 41 THE CRESCENT?

41 THE CRESCENT is 125m² according to the EPC inspection conducted in September 2012. This puts it in the largest 40% 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 41 THE CRESCENT lies on this distribution: 68% of detached houses houses are smaller than 41 THE CRESCENT, and 32% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

41 THE CRESCENT: Plot and Title Map

41 THE CRESCENT sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 41 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 41 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 41 THE CRESCENT?

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