15, QUEENSWAY, MELBOURNE, DERBY, DE73 8FG - £160,000

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.

15 QUEENSWAY is a very small semi-detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £235,730. It was last sold for £160,000 in March 2016, which was around 1% above the average March 2016 semi-detached price in the South Derbyshire local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

15 QUEENSWAY Sold Prices

Land registry data shows two sales for 15 QUEENSWAY 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 QUEENSWAY 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
2016 31 MAR	£160,000	£159,001	1% above HPI
2010 29 OCT	£139,950	£138,400	1% above HPI

15 QUEENSWAY 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 QUEENSWAY sales from October 2010 and March 2016 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 2010 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2016 sale, which was also at 1% above the HPI.

What might 15 QUEENSWAY be worth now?

15 QUEENSWAY might now be worth an estimated £235,730.

This is based on house price inflation of 47.3%, between March 2016 and March 2025, 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 47.3% inflationary increase is applied to the most recent sale price for 15 QUEENSWAY of £160,000 on 31st March 2016. For the value to have increased from £160,000 to £235,730 over the nine years to March 2025, the following assumptions must hold true:

• The value of 15 QUEENSWAY has moved in line with the HPI for semi-detached houses in the South Derbyshire local authority area.
• The March 2016 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 15 QUEENSWAY has not materially changed since March 2016.

How Large is 15 QUEENSWAY?

15 QUEENSWAY is 78m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 20% 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 QUEENSWAY lies on this distribution: 11% of semi-detached houses houses are smaller than 15 QUEENSWAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

15 QUEENSWAY: Plot and Title Map

15 QUEENSWAY sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 15 QUEENSWAY, 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 QUEENSWAY). 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 QUEENSWAY?

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