47, CRANMERE ROAD, MELTON MOWBRAY, LE13 1TA - £270,000

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

47 CRANMERE ROAD is a midsized extended detached house of 105m², built sometime between 1967 and 1975. It was last sold for £270,000 in March 2020, which was around 16% below the average March 2020 detached price in the Melton local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

47 CRANMERE ROAD Sold Prices

Land registry data shows two sales for 47 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 47 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
2020 13 MAR	£270,000	£322,779	16% below HPI
2002 26 SEP	£134,950	£167,711	20% below HPI

47 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 47 CRANMERE ROAD sales from September 2002 and March 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 September 2002 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 47 CRANMERE ROAD be worth now?

47 CRANMERE ROAD might now be worth an estimated £333,032.

This is based on house price inflation of 23.3%, between March 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 23.3% inflationary increase is applied to the most recent sale price for 47 CRANMERE ROAD of £270,000 on 13th March 2020. For the value to have increased from £270,000 to £333,032 over the three years and three months to December 2024, the following assumptions must hold true:

• The value of 47 CRANMERE ROAD has moved in line with the HPI for detached houses in the Melton local authority area.
• The March 2020 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 47 CRANMERE ROAD has not materially changed since March 2020.

How Large is 47 CRANMERE ROAD?

47 CRANMERE ROAD is 105m², which includes two extensions, according to the EPC inspection conducted in April 2019. This puts it in the smallest 50% 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 47 CRANMERE ROAD lies on this distribution: 47% of detached houses houses are smaller than 47 CRANMERE ROAD, and 53% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

47 CRANMERE ROAD: Plot and Title Map

47 CRANMERE ROAD sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 47 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 47 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 47 CRANMERE ROAD?

47 CRANMERE ROAD is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 47 on CRANMERE ROAD.