1, LAMPAD CLOSE, MELBOURNE, DERBY, DE73 8GZ - £190,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 LAMPAD CLOSE is a small extended detached house of 93m², built sometime between 1983 and 1990. It was last sold for £190,000 in August 2014, which was around 13% below the average August 2014 detached price in the South Derbyshire local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

1 LAMPAD CLOSE Sold Prices

Land registry data shows two sales for 1 LAMPAD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. One of the two 1 LAMPAD CLOSE sales was for below the average price, whilst the other 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
2014 15 AUG	£190,000	£217,639	13% below HPI
2009 26 JUN	£205,000	£191,250	7% above HPI

1 LAMPAD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The two 1 LAMPAD CLOSE sales from June 2009 and August 2014 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 June 2009 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the August 2014 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 1 LAMPAD CLOSE?

1 LAMPAD CLOSE is 93m², which includes two extensions, according to the EPC inspection conducted in November 2021. This puts it in the smallest 30% of detached houses in Melbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Melbourne, and where 1 LAMPAD CLOSE lies on this distribution: 25% of detached houses are smaller than 1 LAMPAD CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

1 LAMPAD CLOSE: Plot and Title Map

1 LAMPAD CLOSE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 1 LAMPAD CLOSE, 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 1 LAMPAD CLOSE). 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 1 LAMPAD CLOSE?

1 LAMPAD CLOSE is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 1 on LAMPAD CLOSE.