QUARRY EDGE, ASHBY ROAD, MELBOURNE, DERBY, DE73 8ES - £568,000

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

QUARRY EDGE is a very small detached house of 85m², built sometime between 1967 and 1975. It was last sold for £568,000 in December 2019, which was around 109% above the average December 2019 detached price in the South Derbyshire local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

QUARRY EDGE Sold Prices

Land registry data shows three sales for QUARRY EDGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. All of the three QUARRY EDGE 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
2019 16 DEC	£568,000	£271,322	109% above HPI
2013 29 NOV	£490,000	£210,697	133% above HPI
2003 16 DEC	£335,000	£173,328	93% above HPI

QUARRY EDGE 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 three QUARRY EDGE sales between December 2003 and December 2019 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 November 2013 sale was for 133% above the HPI. So the extrapolation line tracks at 133% above the HPI over time, until the December 2019 sale, where it falls to 109% above the HPI. The line then continues to track at 109% above the HPI.

How Large is QUARRY EDGE?

QUARRY EDGE is 85m² according to the EPC inspection conducted in August 2013. 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 QUARRY EDGE lies on this distribution: 15% of detached houses are smaller than QUARRY EDGE, and 85% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

QUARRY EDGE: Plot and Title Map

QUARRY EDGE sits on a plot of roughly 0.247 of an acre, or 999m². The below map shows the location of QUARRY EDGE, 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 QUARRY EDGE). 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 QUARRY EDGE?

QUARRY EDGE is located on ASHBY ROAD in MELBOURNE, in the DE73 postcode district. The below map shows the position of QUARRY EDGE on ASHBY ROAD.