18, QUICK CLOSE, MELBOURNE, DERBY, DE73 8GH - £195,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 QUICK CLOSE is a small terraced house of 103m², built sometime between 1967 and 1975, which could now be worth an estimated £334,957. It was last sold for £195,000 in May 2011, which was around 76% above the average May 2011 terraced 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 C.

18 QUICK CLOSE Sold Prices

Land registry data shows four sales for 18 QUICK CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the South Derbyshire local authority area for the corresponding sale date. All of the four 18 QUICK CLOSE 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
2011 6 MAY	£195,000	£111,071	76% above HPI
2006 26 MAY	£165,000	£117,395	41% above HPI
2003 3 OCT	£115,000	£84,954	35% above HPI
1997 25 JUL	£53,000	£38,868	36% above HPI

18 QUICK CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Derbyshire local authority area over time, sourced from the HPI. The four 18 QUICK CLOSE sales between July 1997 and May 2011 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 May 2006 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the May 2011 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

What might 18 QUICK CLOSE be worth now?

18 QUICK CLOSE might now be worth an estimated £334,957.

This is based on house price inflation of 71.8%, between May 2011 and July 2025, for terraced houses, in the South Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 71.8% inflationary increase is applied to the most recent sale price for 18 QUICK CLOSE of £195,000 on 6th May 2011. For the value to have increased from £195,000 to £334,957 over the thirteen years and ten months to July 2025, the following assumptions must hold true:

• The value of 18 QUICK CLOSE has moved in line with the HPI for terraced houses in the South Derbyshire local authority area.
• The May 2011 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 18 QUICK CLOSE has not materially changed since May 2011.

How Large is 18 QUICK CLOSE?

18 QUICK CLOSE is 103m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 40% of terraced houses houses in Melbourne, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Melbourne, and where 18 QUICK CLOSE lies on this distribution: 32% of terraced houses houses are smaller than 18 QUICK CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

18 QUICK CLOSE: Plot and Title Map

18 QUICK CLOSE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 18 QUICK 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 QUICK 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 QUICK CLOSE?

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