50, COMMERCE STREET, MELBOURNE, DERBY, DE73 8FT - £299,950

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

50 COMMERCE STREET is a midsized extended detached house of 135m², built sometime from 2012 onwards. It was last sold for £299,950 in June 2013, which was around 47% above the average June 2013 detached price in the South Derbyshire local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

50 COMMERCE STREET Sold Prices

Land registry data shows two sales for 50 COMMERCE 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 50 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
2013 26 JUN	£299,950	£204,312	47% above HPI
2007 23 JUL	£490,000	£223,396	119% above HPI

50 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 two 50 COMMERCE STREET sales from July 2007 and June 2013 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 July 2007 sale was for 119% above the HPI. So the extrapolation line tracks at 119% above the HPI over time, until the June 2013 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 50 COMMERCE STREET?

50 COMMERCE STREET is 135m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the largest 50% of detached houses in Melbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Melbourne, and where 50 COMMERCE STREET lies on this distribution: 57% of detached houses are smaller than 50 COMMERCE STREET, and 42% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

50 COMMERCE STREET: Plot and Title Map

50 COMMERCE STREET sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 50 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 50 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 50 COMMERCE STREET?

50 COMMERCE STREET is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 50 on COMMERCE STREET.