5, MELFORT CLOSE, SINFIN, DERBY, DE24 3HW - £143,500

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

5 MELFORT CLOSE is a very small detached house of 50m², built sometime between 1967 and 1975. It was last sold for £143,500 in March 2015, which was around 29% below the average March 2015 detached price in the City of Derby local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

5 MELFORT CLOSE Sold Prices

Land registry data shows two sales for 5 MELFORT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Both of the two 5 MELFORT CLOSE 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
2015 12 MAR	£143,500	£202,251	29% below HPI
2014 31 MAR	£116,500	£194,214	40% below HPI

5 MELFORT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Derby local authority area over time, sourced from the HPI. The two 5 MELFORT CLOSE sales from March 2014 and March 2015 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 March 2014 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the March 2015 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 5 MELFORT CLOSE?

5 MELFORT CLOSE is 50m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 5 MELFORT CLOSE lies on this distribution: 1% of detached houses are smaller than 5 MELFORT CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Derby.

5 MELFORT CLOSE: Plot and Title Map

5 MELFORT CLOSE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 5 MELFORT CLOSE, 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 5 MELFORT CLOSE). 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 5 MELFORT CLOSE?

5 MELFORT CLOSE is located in SINFIN, in the DE24 postcode district. The below map shows the position of No. 5 on MELFORT CLOSE.