18, EARP WAY, MELBOURNE, DERBY, DE73 8JQ - £370,000

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

18 EARP WAY is a small detached house of 110m². It was last sold for £370,000 in March 2020, which was around 37% above the average March 2020 detached price in the South Derbyshire local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was B.

18 EARP WAY Sold Prices

Land registry data shows three sales for 18 EARP WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. All of the three 18 EARP WAY 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
2020 27 MAR	£370,000	£269,489	37% above HPI
2016 11 AUG	£350,000	£251,526	39% above HPI
2011 31 MAR	£285,000	£197,471	44% above HPI

18 EARP WAY 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 three 18 EARP WAY sales between March 2011 and March 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 August 2016 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the March 2020 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 18 EARP WAY?

18 EARP WAY is 110m² according to the EPC inspection conducted in March 2011. 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 18 EARP WAY lies on this distribution: 37% of detached houses are smaller than 18 EARP WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

18 EARP WAY: Plot and Title Map

18 EARP WAY sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 18 EARP WAY, 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 18 EARP WAY). 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 18 EARP WAY?

18 EARP WAY is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 18 on EARP WAY.