6, CASTLE MILLS, MELBOURNE, DERBY, DE73 8BF - £150,000

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

6 CASTLE MILLS is a very small detached house of 69m², built sometime between 1991 and 1995. It was last sold for £150,000 in October 2023, which was around 55% below the average October 2023 detached price in the South Derbyshire local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.

6 CASTLE MILLS Sold Prices

Land registry data shows five sales for 6 CASTLE MILLS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. All of the five 6 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
2023 12 OCT	£150,000	£332,953	55% below HPI
2018 1 OCT	£150,000	£271,250	45% below HPI
2007 2 NOV	£160,000	£226,777	29% below HPI
2002 8 APR	£75,000	£119,676	37% below HPI
1997 7 JUL	£64,995	£76,912	15% below HPI

6 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 five 6 CASTLE MILLS sales between July 1997 and October 2023 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 October 2018 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2023 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 6 CASTLE MILLS?

6 CASTLE MILLS is 69m² according to the EPC inspection conducted in April 2017. 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 6 CASTLE MILLS lies on this distribution: 5% of detached houses are smaller than 6 CASTLE MILLS, and 95% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

6 CASTLE MILLS: Plot and Title Map

6 CASTLE MILLS sits on a plot of roughly 1.2 acres, or 4,814m². The below map shows the location of 6 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 6 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 6 CASTLE MILLS?

6 CASTLE MILLS is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 6 on CASTLE MILLS.