83, CRANMERE ROAD, MELTON MOWBRAY, LE13 1TA - £269,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

83 CRANMERE ROAD is a very small detached house of 74m², built sometime between 1950 and 1966, which could now be worth an estimated £304,242. It was last sold for £269,950 in June 2021, which was around 24% below the average June 2021 detached price in the Melton local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

83 CRANMERE ROAD Sold Prices

Land registry data shows four sales for 83 CRANMERE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the four 83 CRANMERE ROAD 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
2021 11 JUN	£269,950	£354,535	24% below HPI
2012 31 JUL	£187,000	£245,215	24% below HPI
1997 15 OCT	£75,000	£89,651	16% below HPI
1997 17 APR	£69,500	£85,864	19% below HPI

83 CRANMERE ROAD 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 four 83 CRANMERE ROAD sales between April 1997 and June 2021 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 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2021 sale, which was also at 24% below the HPI.

What might 83 CRANMERE ROAD be worth now?

83 CRANMERE ROAD might now be worth an estimated £304,242.

This is based on house price inflation of 12.7%, between June 2021 and February 2025, 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 12.7% inflationary increase is applied to the most recent sale price for 83 CRANMERE ROAD of £269,950 on 11th June 2021. For the value to have increased from £269,950 to £304,242 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 83 CRANMERE ROAD has moved in line with the HPI for detached houses in the Melton local authority area.
• The June 2021 sale price of £269,950 represented a fair market value for the property.
• The size, condition, and specification of 83 CRANMERE ROAD has not materially changed since June 2021.

How Large is 83 CRANMERE ROAD?

83 CRANMERE ROAD is 74m² according to the EPC inspection conducted in March 2021. 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 83 CRANMERE ROAD lies on this distribution: 9% of detached houses houses are smaller than 83 CRANMERE ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

83 CRANMERE ROAD: Plot and Title Map

83 CRANMERE ROAD sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 83 CRANMERE ROAD, 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 83 CRANMERE ROAD). 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 83 CRANMERE ROAD?

83 CRANMERE ROAD is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 83 on CRANMERE ROAD.