12, PAGET ROAD, MELBOURNE, DERBY, DE73 8JW - £292,000

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

12 PAGET ROAD is a very small detached house of 88m². It was last sold for £292,000 in January 2019, which was around 7% above the average January 2019 detached price in the South Derbyshire local authority area. The most recent EPC inspection was November 2015, where the current energy rating was B, and the potential energy rating was A.

12 PAGET ROAD Sold Prices

Land registry data shows two sales for 12 PAGET ROAD 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. Both of the two 12 PAGET ROAD 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
2019 2 JAN	£292,000	£273,432	7% above HPI
2015 27 NOV	£289,995	£244,111	19% above HPI

12 PAGET 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 two 12 PAGET ROAD sales from November 2015 and January 2019 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 November 2015 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the January 2019 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 12 PAGET ROAD?

12 PAGET ROAD is 88m² according to the EPC inspection conducted in November 2015. 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 12 PAGET ROAD lies on this distribution: 18% of detached houses are smaller than 12 PAGET ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

12 PAGET ROAD: Plot and Title Map

12 PAGET ROAD sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 12 PAGET 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 12 PAGET 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 12 PAGET ROAD?

12 PAGET ROAD is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 12 on PAGET ROAD.