34, THE CRESCENT, MELTON MOWBRAY, LE13 0NF - £260,000

34 THE CRESCENT is a midsized extended detached house of 103m², built sometime between 1983 and 1990. It was last sold for £260,000 in December 2016, which was around 9% below the average December 2016 detached price in the Melton local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

34 THE CRESCENT Sold Prices

Land registry data shows three sales for 34 THE 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 34 THE CRESCENT sales were for below the average price, whilst one was 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 14 DEC	£260,000	£285,596	9% below HPI
2004 18 MAY	£199,950	£205,881	3% below HPI
1995 30 AUG	£82,000	£78,353	5% above HPI

34 THE 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 34 THE CRESCENT sales between August 1995 and December 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 May 2004 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the December 2016 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 34 THE CRESCENT?

34 THE CRESCENT is 103m², which includes two extensions, according to the EPC inspection conducted in September 2016. This puts it in the smallest 50% of detached houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses by size in Melton Mowbray, and where 34 THE CRESCENT lies on this distribution: 43% of detached houses are smaller than 34 THE CRESCENT, and 55% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

34 THE CRESCENT: Plot and Title Map

34 THE CRESCENT sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 34 THE 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 34 THE 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 34 THE CRESCENT?

34 THE CRESCENT is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 34 on THE CRESCENT.