40, SPINNEY HILL, MELBOURNE, DERBY, DE73 8LX - £395,000

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

40 SPINNEY HILL is a very large detached house of 239m², built sometime between 1983 and 1990. It was last sold for £395,000 in September 2010, which was around 92% above the average September 2010 detached price in the South Derbyshire local authority area. The most recent EPC inspection was August 2010, where the current energy rating was E, and the potential energy rating was D.

40 SPINNEY HILL Sold Prices

Land registry data shows three sales for 40 SPINNEY HILL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. All of the three 40 SPINNEY HILL 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
2010 24 SEP	£395,000	£206,211	92% above HPI
2005 1 AUG	£355,000	£199,562	78% above HPI
1996 30 AUG	£130,000	£70,692	84% above HPI

40 SPINNEY HILL 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 three 40 SPINNEY HILL sales between August 1996 and September 2010 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 August 2005 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the September 2010 sale, where it rises to 92% above the HPI. The line then continues to track at 92% above the HPI.

How Large is 40 SPINNEY HILL?

40 SPINNEY HILL is 239m² according to the EPC inspection conducted in August 2010. This puts it in the largest 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 40 SPINNEY HILL lies on this distribution: 94% of detached houses are smaller than 40 SPINNEY HILL, and 6% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

40 SPINNEY HILL: Plot and Title Map

40 SPINNEY HILL sits on a plot of roughly 0.153 of an acre, or 621m². The below map shows the location of 40 SPINNEY HILL, 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 40 SPINNEY HILL). 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 40 SPINNEY HILL?

40 SPINNEY HILL is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 40 on SPINNEY HILL.