44, COMMERCE STREET, MELBOURNE, DERBY, DE73 8FT - £925,000

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

44 COMMERCE STREET is a very large extended detached house of 434m², built sometime before 1900. It was last sold for £925,000 in August 2019, which was around 241% above the average August 2019 detached price in the South Derbyshire local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

44 COMMERCE STREET Sold Prices

Land registry data shows four sales for 44 COMMERCE STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. All of the four 44 COMMERCE 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
2019 22 AUG	£925,000	£271,599	241% above HPI
2010 12 APR	£762,500	£199,346	283% above HPI
2007 30 MAR	£725,000	£220,892	228% above HPI
1995 14 JUL	£133,000	£68,651	94% above HPI

44 COMMERCE 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 four 44 COMMERCE STREET sales between July 1995 and August 2019 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 April 2010 sale was for 283% above the HPI. So the extrapolation line tracks at 283% above the HPI over time, until the August 2019 sale, where it falls to 241% above the HPI. The line then continues to track at 241% above the HPI.

How Large is 44 COMMERCE STREET?

44 COMMERCE STREET is 434m², which includes two extensions, according to the EPC inspection conducted in August 2019. 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 44 COMMERCE STREET lies on this distribution: 99% of detached houses are smaller than 44 COMMERCE STREET, and 1% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

44 COMMERCE STREET: Plot and Title Map

44 COMMERCE STREET sits on a plot of roughly 0.422 of an acre, or 1,710m². The below map shows the location of 44 COMMERCE 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 44 COMMERCE 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 44 COMMERCE STREET?

44 COMMERCE STREET is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 44 on COMMERCE STREET.