107, STATION ROAD, MELBOURNE, DERBY, DE73 8EB - £370,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

107 STATION ROAD is a small extended detached house of 109m², built sometime between 1950 and 1966. It was last sold for £370,000 in June 2021, which was around 27% above the average June 2021 detached price in the South Derbyshire local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

107 STATION ROAD Sold Prices

Land registry data shows four sales for 107 STATION ROAD 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. two of the four 107 STATION ROAD sales were for above the average price, and four 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
2021 28 JUN	£370,000	£291,633	27% above HPI
2006 12 JUN	£247,000	£211,870	17% above HPI
2005 11 MAR	£177,500	£199,275	11% below HPI
1997 31 OCT	£56,250	£75,798	26% below HPI

107 STATION ROAD 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 107 STATION ROAD sales between October 1997 and June 2021 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 2006 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the June 2021 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 107 STATION ROAD?

107 STATION ROAD is 109m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 40% of detached houses in Melbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Melbourne, and where 107 STATION ROAD lies on this distribution: 36% of detached houses are smaller than 107 STATION ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

107 STATION ROAD: Plot and Title Map

107 STATION ROAD sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 107 STATION ROAD, 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 107 STATION ROAD). 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 107 STATION ROAD?

107 STATION ROAD is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 107 on STATION ROAD.