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
87 THE WOODLANDS is a midsized extended detached house of 116m², built sometime between 1950 and 1966. It was last sold for £91,000 in January 1999, which was around 11% above the average January 1999 detached price in the South Derbyshire local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 87 THE WOODLANDS since 1st 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 87 THE WOODLANDS 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 |
---|---|---|---|
1999 25 JAN | £91,000 | £82,238 | 11% above HPI |
1996 10 MAY | £70,000 | £68,717 | 2% above HPI |
The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The two 87 THE WOODLANDS sales from May 1996 and January 1999 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 May 1996 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the January 1999 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.
87 THE WOODLANDS is 116m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the smallest 50% of detached houses in Melbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Melbourne, and where 87 THE WOODLANDS lies on this distribution: 43% of detached houses are smaller than 87 THE WOODLANDS, and 56% of houses are larger. Note that EPC data is not available for all properties in Melbourne.
87 THE WOODLANDS sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 87 THE WOODLANDS, 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 87 THE WOODLANDS). 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.
87 THE WOODLANDS is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 87 on THE WOODLANDS.