21, CASTLE MILLS, MELBOURNE, DERBY, DE73 8BF - £92,500

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.

21 CASTLE MILLS is a very small extended terraced house of 49m², built sometime between 1991 and 1995, which could now be worth an estimated £115,105. It was last sold for £92,500 in January 2021, which was around 40% below the average January 2021 terraced price in the South Derbyshire local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

21 CASTLE MILLS Sold Prices

Land registry data shows three sales for 21 CASTLE MILLS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the South Derbyshire local authority area for the corresponding sale date. One of the three 21 CASTLE MILLS sales was for below the average price, whilst two 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
2021 28 JAN	£92,500	£153,699	40% below HPI
1997 23 MAY	£50,000	£36,406	37% above HPI
1996 1 JUL	£40,000	£36,007	11% above HPI

21 CASTLE MILLS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Derbyshire local authority area over time, sourced from the HPI. The three 21 CASTLE MILLS sales between July 1996 and January 2021 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 May 1997 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the January 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 21 CASTLE MILLS be worth now?

21 CASTLE MILLS might now be worth an estimated £115,105.

This is based on house price inflation of 24.4%, between January 2021 and May 2026, for terraced 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 24.4% inflationary increase is applied to the most recent sale price for 21 CASTLE MILLS of £92,500 on 28th January 2021. For the value to have increased from £92,500 to £115,105 over the four years and eight months to May 2026, the following assumptions must hold true:

• The value of 21 CASTLE MILLS has moved in line with the HPI for terraced houses in the South Derbyshire local authority area.
• The January 2021 sale price of £92,500 represented a fair market value for the property.
• The size, condition, and specification of 21 CASTLE MILLS has not materially changed since January 2021.

How Large is 21 CASTLE MILLS?

21 CASTLE MILLS is 49m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of terraced houses houses in Melbourne, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Melbourne, and where 21 CASTLE MILLS lies on this distribution: 1% of terraced houses houses are smaller than 21 CASTLE MILLS, and 99% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

21 CASTLE MILLS: Plot and Title Map

21 CASTLE MILLS sits on a plot of roughly 1.2 acres, or 4,814m². The below map shows the location of 21 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 21 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 21 CASTLE MILLS?

21 CASTLE MILLS is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 21 on CASTLE MILLS.