53, JUBILEE CLOSE, MELBOURNE, DERBY, DE73 8GR - £325,000

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

53 JUBILEE CLOSE is a very small semi-detached house of 76m², built sometime between 1991 and 1995. It was last sold for £325,000 in August 2024, which was around 6% below the average August 2024 detached price in the South Derbyshire local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

53 JUBILEE CLOSE Sold Prices

Land registry data shows four sales for 53 JUBILEE CLOSE 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. Most of the four 53 JUBILEE 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
2024 29 AUG	£325,000	£347,538	6% below HPI
2021 19 MAR	£275,000	£287,259	4% below HPI
2012 7 AUG	£175,000	£201,712	13% below HPI
1996 31 MAY	£73,950	£68,717	8% above HPI

53 JUBILEE CLOSE 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 53 JUBILEE CLOSE sales between May 1996 and August 2024 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 2021 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2024 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 53 JUBILEE CLOSE?

53 JUBILEE CLOSE is 76m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 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 53 JUBILEE CLOSE lies on this distribution: 10% of detached houses are smaller than 53 JUBILEE CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

53 JUBILEE CLOSE: Plot and Title Map

53 JUBILEE CLOSE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 53 JUBILEE 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 53 JUBILEE 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 53 JUBILEE CLOSE?

53 JUBILEE CLOSE is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 53 on JUBILEE CLOSE.