3, QUICK CLOSE, MELBOURNE, DERBY, DE73 8GH - £210,000

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

3 QUICK CLOSE is a very small detached house of 87m², built sometime between 1976 and 1982. It was last sold for £210,000 in November 2016, which was around 16% below the average November 2016 detached price in the South Derbyshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

3 QUICK CLOSE Sold Prices

Land registry data shows five sales for 3 QUICK CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. All of the five 3 QUICK CLOSE sales were for below 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
2016 18 NOV	£210,000	£251,107	16% below HPI
2006 7 SEP	£169,950	£218,041	22% below HPI
2002 15 NOV	£129,950	£139,430	7% below HPI
2001 6 DEC	£83,500	£113,573	26% below HPI
1997 19 AUG	£53,000	£77,236	31% below HPI

3 QUICK 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 five 3 QUICK CLOSE sales between August 1997 and November 2016 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 September 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2016 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 3 QUICK CLOSE?

3 QUICK CLOSE is 87m² according to the EPC inspection conducted in May 2016. 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 3 QUICK CLOSE lies on this distribution: 16% of detached houses are smaller than 3 QUICK CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

3 QUICK CLOSE: Plot and Title Map

3 QUICK CLOSE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 3 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 3 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 3 QUICK CLOSE?

3 QUICK CLOSE is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 3 on QUICK CLOSE.