14, CARTWRIGHT CLOSE, MELBOURNE, DERBY, DE73 8LA - £348,250

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.

14 CARTWRIGHT CLOSE is a small detached house of 112m², which could now be worth an estimated £438,711. It was last sold for £348,250 in January 2020, which was around 24% above the average January 2020 detached price in the South Derbyshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was B, and the potential energy rating was A.

14 CARTWRIGHT CLOSE Sold Prices

Land registry data shows two sales for 14 CARTWRIGHT CLOSE 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 14 CARTWRIGHT 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
2020 24 JAN	£348,250	£280,129	24% above HPI
2017 27 JUL	£349,995	£273,873	28% above HPI

14 CARTWRIGHT CLOSE 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 14 CARTWRIGHT CLOSE sales from July 2017 and January 2020 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 July 2017 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the January 2020 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 14 CARTWRIGHT CLOSE be worth now?

14 CARTWRIGHT CLOSE might now be worth an estimated £438,711.

This is based on house price inflation of 26%, between January 2020 and June 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 26% inflationary increase is applied to the most recent sale price for 14 CARTWRIGHT CLOSE of £348,250 on 24th January 2020. For the value to have increased from £348,250 to £438,711 over the four years and seven months to June 2025, the following assumptions must hold true:

• The value of 14 CARTWRIGHT CLOSE has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The January 2020 sale price of £348,250 represented a fair market value for the property.
• The size, condition, and specification of 14 CARTWRIGHT CLOSE has not materially changed since January 2020.

How Large is 14 CARTWRIGHT CLOSE?

14 CARTWRIGHT CLOSE is 112m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 40% 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 14 CARTWRIGHT CLOSE lies on this distribution: 37% of detached houses houses are smaller than 14 CARTWRIGHT CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

14 CARTWRIGHT CLOSE: Plot and Title Map

14 CARTWRIGHT CLOSE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 14 CARTWRIGHT 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 14 CARTWRIGHT 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.

Where is 14 CARTWRIGHT CLOSE?

14 CARTWRIGHT CLOSE is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 14 on CARTWRIGHT CLOSE.