38, SOUTH STREET, MELBOURNE, DERBY, DE73 8GB - £325,000

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

38 SOUTH STREET is a very small detached house of 67m², built sometime between 1950 and 1966. It was last sold for £325,000 in May 2022, which was around 3% above the average May 2022 detached price in the South Derbyshire local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

38 SOUTH STREET Sold Prices

Land registry data shows two sales for 38 SOUTH STREET 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 38 SOUTH STREET 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 6 MAY	£325,000	£314,131	3% above HPI
2020 23 JUN	£285,000	£270,291	5% above HPI

38 SOUTH STREET 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 38 SOUTH STREET sales from June 2020 and May 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 June 2020 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2022 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 38 SOUTH STREET?

38 SOUTH STREET is 67m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of detached houses in Melbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Melbourne, and where 38 SOUTH STREET lies on this distribution: 4% of detached houses are smaller than 38 SOUTH STREET, and 96% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

38 SOUTH STREET: Plot and Title Map

38 SOUTH STREET sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 38 SOUTH STREET, 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 38 SOUTH STREET). 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 38 SOUTH STREET?

38 SOUTH STREET is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 38 on SOUTH STREET.