5, GALSWORTHY CRESCENT, MELTON MOWBRAY, LE13 1JD - £274,000

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 GALSWORTHY CRESCENT is a very small detached house of 67m², built sometime between 1983 and 1990. It was last sold for £274,000 in November 2023, which was around 30% below the average November 2023 detached price in the Melton local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

5 GALSWORTHY CRESCENT Sold Prices

Land registry data shows two sales for 5 GALSWORTHY 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 5 GALSWORTHY 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
2023 16 NOV	£274,000	£390,927	30% below HPI
2015 9 FEB	£195,000	£263,402	26% below HPI

5 GALSWORTHY 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 5 GALSWORTHY CRESCENT sales from February 2015 and November 2023 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 February 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 5 GALSWORTHY CRESCENT be worth now?

5 GALSWORTHY CRESCENT might now be worth an estimated £279,050.

This is based on house price inflation of 1.8%, between November 2023 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 1.8% inflationary increase is applied to the most recent sale price for 5 GALSWORTHY CRESCENT of £274,000 on 16th November 2023. For the value to have increased from £274,000 to £279,050 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 5 GALSWORTHY CRESCENT has moved in line with the HPI for detached houses in the Melton local authority area.
• The November 2023 sale price of £274,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GALSWORTHY CRESCENT has not materially changed since November 2023.

How Large is 5 GALSWORTHY CRESCENT?

5 GALSWORTHY CRESCENT is 67m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% 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 GALSWORTHY CRESCENT lies on this distribution: 5% of detached houses houses are smaller than 5 GALSWORTHY CRESCENT, and 94% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

5 GALSWORTHY CRESCENT: Plot and Title Map

5 GALSWORTHY CRESCENT sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 5 GALSWORTHY 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 GALSWORTHY 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 GALSWORTHY CRESCENT?

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