1, MELTON AVENUE, MELBOURNE, DERBY, DE73 8FP - £250,000

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 MELTON AVENUE is a midsized extended detached house of 130m², built sometime between 1950 and 1966. It was last sold for £250,000 in October 2013, which was around 22% above the average October 2013 detached price in the South Derbyshire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was D.

1 MELTON AVENUE Sold Prices

Land registry data shows four sales for 1 MELTON AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. All of the four 1 MELTON AVENUE sales were 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
2013 25 OCT	£250,000	£204,396	22% above HPI
2006 3 FEB	£225,000	£204,072	10% above HPI
2001 21 NOV	£144,500	£111,646	29% above HPI
1998 30 JUL	£83,000	£73,270	13% above HPI

1 MELTON AVENUE 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 four 1 MELTON AVENUE sales between July 1998 and October 2013 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 February 2006 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2013 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 1 MELTON AVENUE?

1 MELTON AVENUE is 130m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 50% 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 MELTON AVENUE lies on this distribution: 53% of detached houses are smaller than 1 MELTON AVENUE, and 46% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

1 MELTON AVENUE: Plot and Title Map

1 MELTON AVENUE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 1 MELTON AVENUE, 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 MELTON AVENUE). 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 MELTON AVENUE?

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