2, ACACIA DRIVE, MELBOURNE, DERBY, DE73 8LT - £348,000

2 ACACIA DRIVE is a midsized detached house of 130m², built sometime between 1983 and 1990. It was last sold for £348,000 in November 2019, which was around 28% above the average November 2019 detached price in the South Derbyshire local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

2 ACACIA DRIVE Sold Prices

Land registry data shows four sales for 2 ACACIA DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. All of the four 2 ACACIA DRIVE 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
2019 8 NOV	£348,000	£271,909	28% above HPI
2019 28 JUN	£365,000	£263,659	38% above HPI
2006 24 NOV	£264,950	£216,540	22% above HPI
1997 7 NOV	£102,000	£76,798	33% above HPI

2 ACACIA DRIVE 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 four 2 ACACIA DRIVE sales between November 1997 and November 2019 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 June 2019 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the November 2019 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 2 ACACIA DRIVE?

2 ACACIA DRIVE is 130m² according to the EPC inspection conducted in June 2018. This puts it in the largest 50% of detached houses in Melbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Melbourne, and where 2 ACACIA DRIVE lies on this distribution: 55% of detached houses are smaller than 2 ACACIA DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

2 ACACIA DRIVE: Plot and Title Map

2 ACACIA DRIVE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 2 ACACIA DRIVE, 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 2 ACACIA DRIVE). 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 2 ACACIA DRIVE?

2 ACACIA DRIVE is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 2 on ACACIA DRIVE.