10, MELBOURNE CLOSE, ALLESTREE, DERBY, DE22 2QS - £272,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

10 MELBOURNE CLOSE is a very small detached house of 55m², built sometime between 1967 and 1975. It was last sold for £272,500 in November 2023, which was around 11% below the average November 2023 detached price in the City of Derby local authority area. The most recent EPC inspection was April 2023, where the current energy rating was E, and the potential energy rating was B.

10 MELBOURNE CLOSE Sold Prices

Land registry data shows two sales for 10 MELBOURNE 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 City of Derby local authority area for the corresponding sale date. Both of the two 10 MELBOURNE CLOSE 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
2023 14 NOV	£272,500	£305,476	11% below HPI
1995 28 SEP	£44,000	£61,714	29% below HPI

10 MELBOURNE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Derby local authority area over time, sourced from the HPI. The two 10 MELBOURNE CLOSE sales from September 1995 and November 2023 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 September 1995 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 10 MELBOURNE CLOSE?

10 MELBOURNE CLOSE is 55m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 10% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 10 MELBOURNE CLOSE lies on this distribution: 3% of detached houses are smaller than 10 MELBOURNE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Derby.

10 MELBOURNE CLOSE: Plot and Title Map

10 MELBOURNE CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 10 MELBOURNE 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 10 MELBOURNE 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 10 MELBOURNE CLOSE?

10 MELBOURNE CLOSE is located in ALLESTREE, in the DE22 postcode district. The below map shows the position of No. 10 on MELBOURNE CLOSE.