18, JUBILEE CLOSE, MELBOURNE, DERBY, DE73 8GR - £245,000

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 JUBILEE CLOSE is a very small extended detached house of 77m², built sometime between 1991 and 1995. It was last sold for £245,000 in August 2021, which was around 16% below the average August 2021 detached price in the South Derbyshire local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

18 JUBILEE CLOSE Sold Prices

Land registry data shows three sales for 18 JUBILEE CLOSE 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. Two of the three 18 JUBILEE CLOSE sales were for below the average price, whilst one was 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
2021 26 AUG	£245,000	£291,541	16% below HPI
2005 14 OCT	£190,000	£210,654	10% below HPI
1995 19 MAY	£71,700	£69,171	4% above HPI

18 JUBILEE CLOSE 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 JUBILEE CLOSE sales between May 1995 and August 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 October 2005 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 18 JUBILEE CLOSE?

18 JUBILEE CLOSE is 77m², which includes one extension, according to the EPC inspection conducted in August 2021. 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 18 JUBILEE CLOSE lies on this distribution: 10% of detached houses are smaller than 18 JUBILEE CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

18 JUBILEE CLOSE: Plot and Title Map

18 JUBILEE CLOSE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 18 JUBILEE 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 18 JUBILEE 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 18 JUBILEE CLOSE?

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