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
89 JUBILEE CLOSE is a very small detached house of 80m², built sometime between 1991 and 1995. It was last sold for £290,000 in September 2018, which was around 8% above the average September 2018 detached price in the South Derbyshire local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows five sales for 89 JUBILEE CLOSE since 1st 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 89 JUBILEE CLOSE 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 |
---|---|---|---|
2018 7 SEP | £290,000 | £267,366 | 8% above HPI |
2012 4 MAY | £222,000 | £209,426 | 6% above HPI |
2002 12 AUG | £144,000 | £131,719 | 9% above HPI |
2001 4 APR | £118,500 | £99,510 | 19% above HPI |
1996 28 JUN | £80,500 | £70,416 | 14% 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 five 89 JUBILEE CLOSE sales between June 1996 and September 2018 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 2012 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2018 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.
89 JUBILEE CLOSE is 80m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 20% of detached houses in Melbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Melbourne, and where 89 JUBILEE CLOSE lies on this distribution: 12% of detached houses are smaller than 89 JUBILEE CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Melbourne.
89 JUBILEE CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 89 JUBILEE CLOSE, 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 89 JUBILEE CLOSE). 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.
89 JUBILEE CLOSE is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 89 on JUBILEE CLOSE.