48, CRAVEN STREET, MELTON MOWBRAY, LE13 0QU - £246,950

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

48 CRAVEN STREET is a large detached house of 126m², built sometime before 1900. It was last sold for £246,950 in October 2014, which was around 4% below the average October 2014 detached price in the Melton local authority area. The most recent EPC inspection was August 2013, where the current energy rating was E, and the potential energy rating was B.

48 CRAVEN STREET Sold Prices

Land registry data shows two sales for 48 CRAVEN STREET 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 48 CRAVEN STREET 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
2014 10 OCT	£246,950	£258,222	4% below HPI
2001 12 JUL	£81,000	£125,944	36% below HPI

48 CRAVEN STREET 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 48 CRAVEN STREET sales from July 2001 and October 2014 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 July 2001 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2014 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 48 CRAVEN STREET?

48 CRAVEN STREET is 126m² according to the EPC inspection conducted in August 2013. This puts it in the largest 40% 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 48 CRAVEN STREET lies on this distribution: 68% of detached houses are smaller than 48 CRAVEN STREET, and 31% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

48 CRAVEN STREET: Plot and Title Map

48 CRAVEN STREET sits on a plot of roughly 0.055 of an acre, or 225m². The below map shows the location of 48 CRAVEN STREET, 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 48 CRAVEN STREET). 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 48 CRAVEN STREET?

48 CRAVEN STREET is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 48 on CRAVEN STREET.