47, CASTLE MILLS, MELBOURNE, DERBY, DE73 8BF - £70,000

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

47 CASTLE MILLS is a very small extended detached house of 86m², built sometime between 1996 and 2002. It was last sold for £70,000 in October 1999, which was around 21% below the average October 1999 detached price in the South Derbyshire local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was B.

47 CASTLE MILLS Sold Prices

Land registry data shows two sales for 47 CASTLE MILLS 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 47 CASTLE MILLS sales were for below 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
1999 1 OCT	£70,000	£89,126	21% below HPI
1997 7 NOV	£68,500	£76,798	11% below HPI

47 CASTLE MILLS 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 47 CASTLE MILLS sales from November 1997 and October 1999 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 1997 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 1999 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 47 CASTLE MILLS?

47 CASTLE MILLS is 86m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the smallest 20% of detached houses in Melbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Melbourne, and where 47 CASTLE MILLS lies on this distribution: 15% of detached houses are smaller than 47 CASTLE MILLS, and 84% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

47 CASTLE MILLS: Plot and Title Map

47 CASTLE MILLS sits on a plot of roughly 1.2 acres, or 4,814m². The below map shows the location of 47 CASTLE MILLS, 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 47 CASTLE MILLS). 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 47 CASTLE MILLS?

47 CASTLE MILLS is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 47 on CASTLE MILLS.