59, FERNELEY CRESCENT, MELTON MOWBRAY, LE13 1RY - £229,000

59 FERNELEY CRESCENT is a very small detached house of 54m². It was last sold for £229,000 in November 2022, which was around 40% below the average November 2022 detached price in the Melton local authority area. The most recent EPC inspection was August 2015, where the current energy rating was B, and the potential energy rating was A.

59 FERNELEY CRESCENT Sold Prices

Land registry data shows two sales for 59 FERNELEY CRESCENT 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 59 FERNELEY 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
2022 11 NOV	£229,000	£383,993	40% below HPI
2016 22 JAN	£165,000	£261,800	37% below HPI

59 FERNELEY 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 two 59 FERNELEY CRESCENT sales from January 2016 and November 2022 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 2016 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2022 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 59 FERNELEY CRESCENT?

59 FERNELEY CRESCENT is 54m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% 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 59 FERNELEY CRESCENT lies on this distribution: 1% of detached houses are smaller than 59 FERNELEY CRESCENT, and 99% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

59 FERNELEY CRESCENT: Plot and Title Map

59 FERNELEY CRESCENT sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 59 FERNELEY 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 59 FERNELEY 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 59 FERNELEY CRESCENT?

59 FERNELEY CRESCENT is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 59 on FERNELEY CRESCENT.