15, CASTLE MILLS, MELBOURNE, DERBY, DE73 8BF - £59,950

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.

15 CASTLE MILLS is a very small semi-detached house of 66m², built sometime between 1983 and 1990, which could now be worth an estimated £257,241. It was last sold for £59,950 in November 1999, which was around 7% above the average November 1999 semi-detached price in the South Derbyshire local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

15 CASTLE MILLS Sold Prices

Land registry data shows two sales for 15 CASTLE MILLS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Derbyshire local authority area for the corresponding sale date. Both of the two 15 CASTLE MILLS 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
1999 4 NOV	£59,950	£55,934	7% above HPI
1995 11 APR	£67,700	£43,587	55% above HPI

15 CASTLE MILLS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The two 15 CASTLE MILLS sales from April 1995 and November 1999 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 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the November 1999 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 15 CASTLE MILLS be worth now?

15 CASTLE MILLS might now be worth an estimated £257,241.

This is based on house price inflation of 329.1%, between November 1999 and May 2026, for semi-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 329.1% inflationary increase is applied to the most recent sale price for 15 CASTLE MILLS of £59,950 on 4th November 1999. For the value to have increased from £59,950 to £257,241 over the 27 years and six months to May 2026, the following assumptions must hold true:

• The value of 15 CASTLE MILLS has moved in line with the HPI for semi-detached houses in the South Derbyshire local authority area.
• The November 1999 sale price of £59,950 represented a fair market value for the property.
• The size, condition, and specification of 15 CASTLE MILLS has not materially changed since November 1999.

How Large is 15 CASTLE MILLS?

15 CASTLE MILLS is 66m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of semi-detached houses houses in Melbourne, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Melbourne, and where 15 CASTLE MILLS lies on this distribution: 3% of semi-detached houses houses are smaller than 15 CASTLE MILLS, and 96% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

15 CASTLE MILLS: Plot and Title Map

15 CASTLE MILLS sits on a plot of roughly 1.2 acres, or 4,814m². The below map shows the location of 15 CASTLE MILLS, 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 15 CASTLE MILLS). 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 15 CASTLE MILLS?

15 CASTLE MILLS is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 15 on CASTLE MILLS.