10, MELBOURNE CLOSE, MICKLEOVER, DERBY, DE3 9LG - £230,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 MELBOURNE CLOSE is a very small semi-detached house of 66m², built sometime between 1950 and 1966, which could now be worth an estimated £244,281. It was last sold for £230,000 in November 2023, which was around 15% above the average November 2023 semi-detached price in the City of Derby local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

10 MELBOURNE CLOSE Sold Prices

Land registry data shows five sales for 10 MELBOURNE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the City of Derby local authority area for the corresponding sale date. All of the five 10 MELBOURNE CLOSE 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
2023 30 NOV	£230,000	£199,848	15% above HPI
2019 7 JUN	£170,000	£155,837	9% above HPI
2015 1 OCT	£159,950	£136,440	17% above HPI
2006 24 NOV	£145,000	£128,500	13% above HPI
1997 30 MAY	£48,000	£38,821	24% above HPI

10 MELBOURNE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the City of Derby local authority area over time, sourced from the HPI. The five 10 MELBOURNE CLOSE sales between May 1997 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 June 2019 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the November 2023 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 10 MELBOURNE CLOSE be worth now?

10 MELBOURNE CLOSE might now be worth an estimated £244,281.

This is based on house price inflation of 6.2%, between November 2023 and December 2024, for semi-detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.2% inflationary increase is applied to the most recent sale price for 10 MELBOURNE CLOSE of £230,000 on 30th November 2023. For the value to have increased from £230,000 to £244,281 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 10 MELBOURNE CLOSE has moved in line with the HPI for semi-detached houses in the City of Derby local authority area.
• The November 2023 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 10 MELBOURNE CLOSE has not materially changed since November 2023.

How Large is 10 MELBOURNE CLOSE?

10 MELBOURNE CLOSE is 66m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of semi-detached houses houses in Derby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Derby, and where 10 MELBOURNE CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 10 MELBOURNE CLOSE, and 92% 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 0.058 of an acre, or 235m². 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 MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 10 on MELBOURNE CLOSE.