121, THE WOODLANDS, MELBOURNE, DERBY, DE73 8DQ - £225,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

121 THE WOODLANDS is a midsized detached house of 137m², built sometime between 1967 and 1975, which could now be worth an estimated £386,720. It was last sold for £225,000 in August 2012, which was around 8% above the average August 2012 detached price in the South Derbyshire local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

121 THE WOODLANDS Sold Prices

Land registry data shows two sales for 121 THE WOODLANDS 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 121 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
2012 24 AUG	£225,000	£208,398	8% above HPI
1995 13 APR	£73,000	£69,933	4% above HPI

121 THE WOODLANDS 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 121 THE WOODLANDS sales from April 1995 and August 2012 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 April 1995 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the August 2012 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 121 THE WOODLANDS be worth now?

121 THE WOODLANDS might now be worth an estimated £386,720.

This is based on house price inflation of 71.9%, between August 2012 and March 2025, for detached houses, in the South Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 71.9% inflationary increase is applied to the most recent sale price for 121 THE WOODLANDS of £225,000 on 24th August 2012. For the value to have increased from £225,000 to £386,720 over the thirteen years and five months to March 2025, the following assumptions must hold true:

• The value of 121 THE WOODLANDS has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The August 2012 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 121 THE WOODLANDS has not materially changed since August 2012.

How Large is 121 THE WOODLANDS?

121 THE WOODLANDS is 137m² according to the EPC inspection conducted in June 2010. This puts it in the largest 50% of detached houses houses in Melbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melbourne, and where 121 THE WOODLANDS lies on this distribution: 59% of detached houses houses are smaller than 121 THE WOODLANDS, and 41% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

121 THE WOODLANDS: Plot and Title Map

121 THE WOODLANDS sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 121 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 121 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.

Where is 121 THE WOODLANDS?

121 THE WOODLANDS is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 121 on THE WOODLANDS.