31, STAFFORD CLOSE, MELBOURNE, DERBY, DE73 8LD - £375,000

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

31 STAFFORD CLOSE is a very small detached house of 89m². It was last sold for £375,000 in March 2022, which was around 22% above the average March 2022 detached price in the South Derbyshire local authority area. The most recent EPC inspection was February 2019, where the current energy rating was B, and the potential energy rating was A.

31 STAFFORD CLOSE Sold Prices

Land registry data shows two sales for 31 STAFFORD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. Both of the two 31 STAFFORD 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
2022 15 MAR	£375,000	£307,896	22% above HPI
2019 31 MAY	£310,000	£263,215	18% above HPI

31 STAFFORD 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 two 31 STAFFORD CLOSE sales from May 2019 and March 2022 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 2019 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the March 2022 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 31 STAFFORD CLOSE?

31 STAFFORD CLOSE is 89m² according to the EPC inspection conducted in February 2019. 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 31 STAFFORD CLOSE lies on this distribution: 19% of detached houses are smaller than 31 STAFFORD CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

31 STAFFORD CLOSE: Plot and Title Map

31 STAFFORD CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 31 STAFFORD 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 31 STAFFORD 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 31 STAFFORD CLOSE?

31 STAFFORD CLOSE is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 31 on STAFFORD CLOSE.