43, HOPE STREET, MELBOURNE, DERBY, DE73 8FX - £595,000

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

43 HOPE STREET is a very large extended detached house of 261m², built sometime between 2003 and 2006. It was last sold for £595,000 in April 2018, which was around 126% above the average April 2018 detached price in the South Derbyshire local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

43 HOPE STREET Sold Prices

Land registry data shows two sales for 43 HOPE 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 43 HOPE 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
2018 27 APR	£595,000	£263,641	126% above HPI
2005 9 NOV	£520,000	£213,482	144% above HPI

43 HOPE 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 43 HOPE STREET sales from November 2005 and April 2018 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 November 2005 sale was for 144% above the HPI. So the extrapolation line tracks at 144% above the HPI over time, until the April 2018 sale, where it falls to 126% above the HPI. The line then continues to track at 126% above the HPI.

How Large is 43 HOPE STREET?

43 HOPE STREET is 261m², which includes two extensions, according to the EPC inspection conducted in June 2017. 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 43 HOPE STREET lies on this distribution: 96% of detached houses are smaller than 43 HOPE STREET, and 4% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

43 HOPE STREET: Plot and Title Map

43 HOPE STREET sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of 43 HOPE 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 43 HOPE 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 43 HOPE STREET?

43 HOPE STREET is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 43 on HOPE STREET.