7, SPINNEY HILL, MELBOURNE, DERBY, DE73 8GT - £375,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 SPINNEY HILL is a small extended detached house of 106m², built sometime between 1900 and 1929, which could now be worth an estimated £436,366. It was last sold for £375,000 in February 2022, which was around 18% above the average February 2022 detached price in the South Derbyshire local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

7 SPINNEY HILL Sold Prices

Land registry data shows five sales for 7 SPINNEY HILL 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. Most of the five 7 SPINNEY HILL 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
2022 28 FEB	£375,000	£316,940	18% above HPI
2016 26 SEP	£237,500	£260,051	9% below HPI
2015 31 JUL	£225,000	£239,331	6% below HPI
2012 13 NOV	£199,950	£209,585	5% below HPI
1997 27 JUN	£79,950	£76,166	5% above HPI

7 SPINNEY HILL 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 7 SPINNEY HILL sales between June 1997 and February 2022 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 September 2016 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2022 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 7 SPINNEY HILL be worth now?

7 SPINNEY HILL might now be worth an estimated £436,366.

This is based on house price inflation of 16.4%, between February 2022 and July 2025, for detached houses, in the South Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.4% inflationary increase is applied to the most recent sale price for 7 SPINNEY HILL of £375,000 on 28th February 2022. For the value to have increased from £375,000 to £436,366 over the two years and seven months to July 2025, the following assumptions must hold true:

• The value of 7 SPINNEY HILL has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The February 2022 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SPINNEY HILL has not materially changed since February 2022.

How Large is 7 SPINNEY HILL?

7 SPINNEY HILL is 106m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 40% of detached houses houses in Melbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melbourne, and where 7 SPINNEY HILL lies on this distribution: 33% of detached houses houses are smaller than 7 SPINNEY HILL, and 66% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

7 SPINNEY HILL: Plot and Title Map

7 SPINNEY HILL sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 7 SPINNEY HILL, 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 7 SPINNEY HILL). 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 7 SPINNEY HILL?

7 SPINNEY HILL is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 7 on SPINNEY HILL.