5, CARNEGIE CRESCENT, MELTON MOWBRAY, LE13 1RP - £425,000

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

5 CARNEGIE CRESCENT is a midsized detached house of 106m², built sometime between 1983 and 1990. It was last sold for £425,000 in October 2022, which was around 8% above the average October 2022 detached price in the Melton local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

5 CARNEGIE CRESCENT Sold Prices

Land registry data shows three sales for 5 CARNEGIE 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. Two of the three 5 CARNEGIE CRESCENT sales were for above the average price, whilst one was 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
2022 11 OCT	£425,000	£393,520	8% above HPI
2012 25 JUL	£240,000	£245,215	2% below HPI
2000 16 MAY	£125,500	£114,322	10% above HPI

5 CARNEGIE 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 5 CARNEGIE CRESCENT sales between May 2000 and October 2022 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 2012 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2022 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 5 CARNEGIE CRESCENT be worth now?

5 CARNEGIE CRESCENT might now be worth an estimated £429,981.

This is based on house price inflation of 1.2%, between October 2022 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 1.2% inflationary increase is applied to the most recent sale price for 5 CARNEGIE CRESCENT of £425,000 on 11th October 2022. For the value to have increased from £425,000 to £429,981 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of 5 CARNEGIE CRESCENT has moved in line with the HPI for detached houses in the Melton local authority area.
• The October 2022 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CARNEGIE CRESCENT has not materially changed since October 2022.

How Large is 5 CARNEGIE CRESCENT?

5 CARNEGIE CRESCENT is 106m² according to the EPC inspection conducted in May 2022. 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 5 CARNEGIE CRESCENT lies on this distribution: 47% of detached houses houses are smaller than 5 CARNEGIE CRESCENT, and 52% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

5 CARNEGIE CRESCENT: Plot and Title Map

5 CARNEGIE CRESCENT sits on a plot of roughly 0.160 of an acre, or 647m². The below map shows the location of 5 CARNEGIE 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 5 CARNEGIE 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 5 CARNEGIE CRESCENT?

5 CARNEGIE CRESCENT is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 5 on CARNEGIE CRESCENT.