9, GLOUCESTER CRESCENT, MELTON MOWBRAY, LE13 0AQ - £415,000

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

9 GLOUCESTER CRESCENT is a midsized extended detached house of 105m², built sometime between 1950 and 1966, which could now be worth an estimated £513,655. It was last sold for £415,000 in February 2020, which was around 29% above the average February 2020 detached price in the Melton local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

9 GLOUCESTER CRESCENT Sold Prices

Land registry data shows three sales for 9 GLOUCESTER 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. One of the three 9 GLOUCESTER CRESCENT sales was for above the average price, whilst two 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
2020 14 FEB	£415,000	£321,665	29% above HPI
2011 11 NOV	£218,250	£241,418	10% below HPI
2006 10 MAR	£204,100	£218,110	6% below HPI

9 GLOUCESTER 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 9 GLOUCESTER CRESCENT sales between March 2006 and February 2020 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 November 2011 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2020 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 9 GLOUCESTER CRESCENT be worth now?

9 GLOUCESTER CRESCENT might now be worth an estimated £513,655.

This is based on house price inflation of 23.8%, between February 2020 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 23.8% inflationary increase is applied to the most recent sale price for 9 GLOUCESTER CRESCENT of £415,000 on 14th February 2020. For the value to have increased from £415,000 to £513,655 over the three years and two months to December 2024, the following assumptions must hold true:

• The value of 9 GLOUCESTER CRESCENT has moved in line with the HPI for detached houses in the Melton local authority area.
• The February 2020 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 9 GLOUCESTER CRESCENT has not materially changed since February 2020.

How Large is 9 GLOUCESTER CRESCENT?

9 GLOUCESTER CRESCENT is 105m², which includes one extension, according to the EPC inspection conducted in September 2011. 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 9 GLOUCESTER CRESCENT lies on this distribution: 47% of detached houses houses are smaller than 9 GLOUCESTER CRESCENT, and 53% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

9 GLOUCESTER CRESCENT: Plot and Title Map

9 GLOUCESTER CRESCENT sits on a plot of roughly 0.184 of an acre, or 746m². The below map shows the location of 9 GLOUCESTER 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 9 GLOUCESTER 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 9 GLOUCESTER CRESCENT?

9 GLOUCESTER CRESCENT is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 9 on GLOUCESTER CRESCENT.