55, THE CRESCENT, MELTON MOWBRAY, LE13 0NF - £287,000

55 THE CRESCENT is a large extended detached house of 136m², built sometime between 2007 and 2011. It was last sold for £287,000 in October 2017, which was around 5% below the average October 2017 detached price in the Melton local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

55 THE CRESCENT Sold Prices

Land registry data shows three sales for 55 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. All of the three 55 THE 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
2017 20 OCT	£287,000	£303,426	5% below HPI
2017 20 JAN	£282,500	£294,648	4% below HPI
2012 28 SEP	£230,000	£239,352	4% below HPI

55 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 55 THE CRESCENT sales between September 2012 and October 2017 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 January 2017 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2017 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 55 THE CRESCENT?

55 THE CRESCENT is 136m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the largest 30% 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 55 THE CRESCENT lies on this distribution: 77% of detached houses are smaller than 55 THE CRESCENT, and 22% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

55 THE CRESCENT: Plot and Title Map

55 THE CRESCENT sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 55 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 55 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 55 THE CRESCENT?

55 THE CRESCENT is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 55 on THE CRESCENT.