WATERTHORNS, BOG LANE, MELBOURNE, DERBY, DE73 8HU - £653,750

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

WATERTHORNS is a very large extended detached house of 245m², built sometime between 1900 and 1929. It was last sold for £653,750 in July 2017, which was around 147% above the average July 2017 detached price in the South Derbyshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

WATERTHORNS Sold Prices

Land registry data shows two sales for WATERTHORNS since 1^st 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 WATERTHORNS 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
2017 18 JUL	£653,750	£265,086	147% above HPI
2001 19 OCT	£240,000	£112,670	113% above HPI

WATERTHORNS 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 two WATERTHORNS sales from October 2001 and July 2017 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 October 2001 sale was for 113% above the HPI. So the extrapolation line tracks at 113% above the HPI over time, until the July 2017 sale, where it rises to 147% above the HPI. The line then continues to track at 147% above the HPI.

How Large is WATERTHORNS?

WATERTHORNS is 245m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 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 WATERTHORNS lies on this distribution: 94% of detached houses are smaller than WATERTHORNS, and 6% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

WATERTHORNS: Plot and Title Map

WATERTHORNS sits on a plot of roughly 0.276 of an acre, or 1,117m². The below map shows the location of WATERTHORNS, 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 WATERTHORNS). 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 WATERTHORNS?

WATERTHORNS is located on BOG LANE in MELBOURNE, in the DE73 postcode district. The below map shows the position of WATERTHORNS on BOG LANE.