55, DERBY ROAD, MELBOURNE, DERBY, DE73 8FE - £450,000

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

55 DERBY ROAD is a very small detached house of 58m². It was last sold for £450,000 in September 2007, which was around 98% above the average September 2007 detached price in the South Derbyshire local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was C.

55 DERBY ROAD Sold Prices

Land registry data shows two sales for 55 DERBY ROAD 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 55 DERBY ROAD 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
2007 12 SEP	£450,000	£227,533	98% above HPI
2004 29 JUL	£308,000	£190,177	62% above HPI

55 DERBY ROAD 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 55 DERBY ROAD sales from July 2004 and September 2007 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 2004 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the September 2007 sale, where it rises to 98% above the HPI. The line then continues to track at 98% above the HPI.

How Large is 55 DERBY ROAD?

55 DERBY ROAD is 58m² according to the EPC inspection conducted in June 2015. 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 55 DERBY ROAD lies on this distribution: 2% of detached houses are smaller than 55 DERBY ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

55 DERBY ROAD: Plot and Title Map

55 DERBY ROAD sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 55 DERBY ROAD, 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 55 DERBY ROAD). 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 55 DERBY ROAD?

55 DERBY ROAD is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 55 on DERBY ROAD.