17, PAGET ROAD, MELBOURNE, DERBY, DE73 8JW - £450,000

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.

17 PAGET ROAD is a small detached house of 112m², which could now be worth an estimated £474,648. It was last sold for £450,000 in March 2023, which was around 33% above the average March 2023 detached price in the South Derbyshire local authority area. The most recent EPC inspection was November 2015, where the current energy rating was B, and the potential energy rating was A.

17 PAGET ROAD Sold Prices

Land registry data shows three sales for 17 PAGET ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. All of the three 17 PAGET ROAD 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
2023 30 MAR	£450,000	£339,585	33% above HPI
2023 24 MAR	£450,000	£339,585	33% above HPI
2016 14 JAN	£359,995	£248,149	45% above HPI

17 PAGET ROAD 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 three 17 PAGET ROAD sales between January 2016 and March 2023 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 March 2023 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the March 2023 sale, which was also at 33% above the HPI.

What might 17 PAGET ROAD be worth now?

17 PAGET ROAD might now be worth an estimated £474,648.

This is based on house price inflation of 5.5%, between March 2023 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 5.5% inflationary increase is applied to the most recent sale price for 17 PAGET ROAD of £450,000 on 30th March 2023. For the value to have increased from £450,000 to £474,648 over the two years to March 2025, the following assumptions must hold true:

• The value of 17 PAGET ROAD has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The March 2023 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 17 PAGET ROAD has not materially changed since March 2023.

How Large is 17 PAGET ROAD?

17 PAGET ROAD is 112m² according to the EPC inspection conducted in November 2015. 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 17 PAGET ROAD lies on this distribution: 38% of detached houses houses are smaller than 17 PAGET ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

17 PAGET ROAD: Plot and Title Map

17 PAGET ROAD sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 17 PAGET ROAD, 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 17 PAGET ROAD). 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 17 PAGET ROAD?

17 PAGET ROAD is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 17 on PAGET ROAD.