ROSEMEAD, VICARAGE ROAD, MILFORD, BELPER, DE56 0RD - £725,000

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

ROSEMEAD is a very large extended detached house of 193m², built sometime between 1950 and 1966. It was last sold for £725,000 in February 2021, which was around 155% above the average February 2021 detached price in the Amber Valley local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

ROSEMEAD Sold Prices

Land registry data shows two sales for ROSEMEAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two ROSEMEAD 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
2021 25 FEB	£725,000	£284,150	155% above HPI
2014 1 AUG	£485,000	£204,522	137% above HPI

ROSEMEAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The two ROSEMEAD sales from August 2014 and February 2021 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 August 2014 sale was for 137% above the HPI. So the extrapolation line tracks at 137% above the HPI over time, until the February 2021 sale, where it rises to 155% above the HPI. The line then continues to track at 155% above the HPI.

How Large is ROSEMEAD?

ROSEMEAD is 193m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 20% of detached houses in Milford, based on EPC data. The below chart shows the distribution of detached houses by size in Milford, and where ROSEMEAD lies on this distribution: 86% of detached houses are smaller than ROSEMEAD, and 14% of houses are larger. Note that EPC data is not available for all properties in Milford.

ROSEMEAD: Plot and Title Map

ROSEMEAD sits on a plot of roughly 0.718 of an acre, or 2,906m². The below map shows the location of ROSEMEAD, 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 ROSEMEAD). 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 ROSEMEAD?

ROSEMEAD is located on VICARAGE ROAD in MILFORD, in the DE56 postcode district. The below map shows the position of ROSEMEAD on VICARAGE ROAD.