79A, STATION ROAD, MELBOURNE, DERBY, DE73 8EB - £240,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

79A STATION ROAD is a very small extended semi-detached house of 63m², built sometime between 1991 and 1995. It was last sold for £240,000 in February 2023, which was around 26% below the average February 2023 detached price in the South Derbyshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

79A STATION ROAD Sold Prices

Land registry data shows five sales for 79A STATION ROAD 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 79A STATION ROAD 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 28 FEB	£240,000	£325,587	26% below HPI
2012 13 JUL	£145,250	£204,891	29% below HPI
2000 31 OCT	£68,000	£95,882	29% below HPI
1999 4 MAY	£59,500	£82,403	28% below HPI
1995 16 JAN	£55,000	£66,340	17% below HPI

79A STATION 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 five 79A STATION ROAD sales between January 1995 and February 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 July 2012 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2023 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 79A STATION ROAD?

79A STATION ROAD is 63m², which includes two extensions, according to the EPC inspection conducted in May 2022. 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 79A STATION ROAD lies on this distribution: 3% of detached houses are smaller than 79A STATION ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

79A STATION ROAD: Plot and Title Map

79A STATION ROAD sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 79A STATION 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 79A STATION 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 79A STATION ROAD?

79A STATION ROAD is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 79A on STATION ROAD.