47, MARIGOLD CRESCENT, MELTON MOWBRAY, LE13 0FW - £184,000

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 MARIGOLD CRESCENT is a small detached house of 88m², built sometime between 1996 and 2002. It was last sold for £184,000 in March 2011, which was around 24% below the average March 2011 detached price in the Melton local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was D.

47 MARIGOLD CRESCENT Sold Prices

Land registry data shows three sales for 47 MARIGOLD CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the three 47 MARIGOLD 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
2011 25 MAR	£184,000	£241,375	24% below HPI
2001 21 DEC	£103,500	£142,125	27% below HPI
2000 20 OCT	£91,500	£120,064	24% below HPI

47 MARIGOLD 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 three 47 MARIGOLD CRESCENT sales between October 2000 and March 2011 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 December 2001 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2011 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 47 MARIGOLD CRESCENT be worth now?

47 MARIGOLD CRESCENT might now be worth an estimated £303,496.

This is based on house price inflation of 64.9%, between March 2011 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 64.9% inflationary increase is applied to the most recent sale price for 47 MARIGOLD CRESCENT of £184,000 on 25th March 2011. For the value to have increased from £184,000 to £303,496 over the twelve years and three months to December 2024, the following assumptions must hold true:

• The value of 47 MARIGOLD CRESCENT has moved in line with the HPI for detached houses in the Melton local authority area.
• The March 2011 sale price of £184,000 represented a fair market value for the property.
• The size, condition, and specification of 47 MARIGOLD CRESCENT has not materially changed since March 2011.

How Large is 47 MARIGOLD CRESCENT?

47 MARIGOLD CRESCENT is 88m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 30% 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 MARIGOLD CRESCENT lies on this distribution: 25% of detached houses houses are smaller than 47 MARIGOLD CRESCENT, and 75% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

47 MARIGOLD CRESCENT: Plot and Title Map

47 MARIGOLD CRESCENT sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 47 MARIGOLD 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 47 MARIGOLD 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 47 MARIGOLD CRESCENT?

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