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
42 GEORGE STREET is a large extended detached house of 141m², built sometime before 1900. It was last sold for £248,000 in February 2007, which was around 15% above the average February 2007 detached price in the South Derbyshire local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 42 GEORGE STREET since 1st 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 42 GEORGE 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 |
---|---|---|---|
2007 2 FEB | £248,000 | £216,583 | 15% above HPI |
2004 6 OCT | £230,000 | £197,822 | 16% above HPI |
The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The two 42 GEORGE STREET sales from October 2004 and February 2007 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 October 2004 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the February 2007 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.
42 GEORGE STREET is 141m², which includes two extensions, according to the EPC inspection conducted in January 2013. This puts it in the largest 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 42 GEORGE STREET lies on this distribution: 62% of detached houses are smaller than 42 GEORGE STREET, and 37% of houses are larger. Note that EPC data is not available for all properties in Melbourne.
42 GEORGE STREET sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 42 GEORGE 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 42 GEORGE 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.
42 GEORGE STREET is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 42 on GEORGE STREET.