24, ACACIA DRIVE, MELBOURNE, DERBY, DE73 8LT - £225,000

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

24 ACACIA DRIVE is a small extended detached house of 104m², built sometime between 1991 and 1995. It was last sold for £225,000 in June 2005, which was around 18% above the average June 2005 detached price in the South Derbyshire local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was D.

24 ACACIA DRIVE Sold Prices

Land registry data shows four sales for 24 ACACIA DRIVE 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. All of the four 24 ACACIA DRIVE 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
2005 3 JUN	£225,000	£190,847	18% above HPI
2002 25 JAN	£149,950	£113,964	32% above HPI
2001 2 OCT	£140,000	£112,670	24% above HPI
1996 24 SEP	£85,750	£71,592	20% above HPI

24 ACACIA DRIVE 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 24 ACACIA DRIVE sales between September 1996 and June 2005 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 January 2002 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the June 2005 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 24 ACACIA DRIVE?

24 ACACIA DRIVE is 104m², which includes one extension, according to the EPC inspection conducted in May 2010. 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 24 ACACIA DRIVE lies on this distribution: 33% of detached houses are smaller than 24 ACACIA DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

24 ACACIA DRIVE: Plot and Title Map

24 ACACIA DRIVE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 24 ACACIA DRIVE, 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 24 ACACIA DRIVE). 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 24 ACACIA DRIVE?

24 ACACIA DRIVE is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 24 on ACACIA DRIVE.