57, CRAVEN STREET, MELTON MOWBRAY, LE13 0QT - £395,000

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

57 CRAVEN STREET is a very large extended detached house of 187m², built sometime between 1996 and 2002, which could now be worth an estimated £548,872. It was last sold for £395,000 in April 2016, which was around 38% above the average April 2016 detached price in the Melton local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was C.

57 CRAVEN STREET Sold Prices

Land registry data shows two sales for 57 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 57 CRAVEN STREET sales were for above 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
2016 29 APR	£395,000	£286,519	38% above HPI
2002 3 SEP	£240,000	£167,711	43% above HPI

57 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 57 CRAVEN STREET sales from September 2002 and April 2016 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 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the April 2016 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 57 CRAVEN STREET be worth now?

57 CRAVEN STREET might now be worth an estimated £548,872.

This is based on house price inflation of 39%, between April 2016 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 39% inflationary increase is applied to the most recent sale price for 57 CRAVEN STREET of £395,000 on 29th April 2016. For the value to have increased from £395,000 to £548,872 over the seven years and four months to December 2024, the following assumptions must hold true:

• The value of 57 CRAVEN STREET has moved in line with the HPI for detached houses in the Melton local authority area.
• The April 2016 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 57 CRAVEN STREET has not materially changed since April 2016.

How Large is 57 CRAVEN STREET?

57 CRAVEN STREET is 187m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 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 57 CRAVEN STREET lies on this distribution: 95% of detached houses houses are smaller than 57 CRAVEN STREET, and 5% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

57 CRAVEN STREET: Plot and Title Map

57 CRAVEN STREET sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 57 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 57 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 57 CRAVEN STREET?

57 CRAVEN STREET is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 57 on CRAVEN STREET.