10, REDWAY CROFT, MELBOURNE, DERBY, DE73 8GX - £240,000

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

10 REDWAY CROFT is a very small detached house of 80m², built sometime between 1976 and 1982. It was last sold for £240,000 in August 2020, which was around 12% below the average August 2020 detached price in the South Derbyshire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

10 REDWAY CROFT Sold Prices

Land registry data shows two sales for 10 REDWAY CROFT 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 10 REDWAY CROFT sales was for below the average price, whilst the other was roughly equal to 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
2020 26 AUG	£240,000	£273,187	12% below HPI
1996 25 SEP	£71,500	£71,592	Close to HPI

10 REDWAY CROFT 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 10 REDWAY CROFT sales from September 1996 and August 2020 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 1996 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 10 REDWAY CROFT?

10 REDWAY CROFT is 80m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% of detached houses in Melbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Melbourne, and where 10 REDWAY CROFT lies on this distribution: 12% of detached houses are smaller than 10 REDWAY CROFT, and 88% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

10 REDWAY CROFT: Plot and Title Map

10 REDWAY CROFT sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 10 REDWAY CROFT, 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 REDWAY CROFT). 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 REDWAY CROFT?

10 REDWAY CROFT is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 10 on REDWAY CROFT.