42, GEORGE STREET, MELBOURNE, DERBY, DE73 8GD - £248,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

42 GEORGE STREET is a large extended detached house of 141m², built sometime before 1900, which could now be worth an estimated £396,984. It was last sold for £248,000 in February 2007, which was around 11% 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.

42 GEORGE STREET Sold Prices

Land registry data shows two sales for 42 GEORGE 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 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	£223,762	11% above HPI
2004 6 OCT	£230,000	£204,378	13% above HPI

42 GEORGE 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 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 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the February 2007 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 42 GEORGE STREET be worth now?

42 GEORGE STREET might now be worth an estimated £396,984.

This is based on house price inflation of 60.1%, between February 2007 and March 2025, for detached houses, in the South Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60.1% inflationary increase is applied to the most recent sale price for 42 GEORGE STREET of £248,000 on 2nd February 2007. For the value to have increased from £248,000 to £396,984 over the seventeen years and eleven months to March 2025, the following assumptions must hold true:

• The value of 42 GEORGE STREET has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The February 2007 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of 42 GEORGE STREET has not materially changed since February 2007.

How Large is 42 GEORGE STREET?

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 houses in Melbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melbourne, and where 42 GEORGE STREET lies on this distribution: 62% of detached houses 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: Plot and Title Map

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.

Where is 42 GEORGE STREET?

42 GEORGE STREET is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 42 on GEORGE STREET.