28, MELBOURNE CLOSE, MICKLEOVER, DERBY, DE3 9LG - £245,000

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.

28 MELBOURNE CLOSE is a large extended detached house of 133m², built sometime between 1950 and 1966, which could now be worth an estimated £431,704. It was last sold for £245,000 in January 2012, which was around 36% above the average January 2012 detached price in the City of Derby local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

28 MELBOURNE CLOSE Sold Prices

Land registry data shows two sales for 28 MELBOURNE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Both of the two 28 MELBOURNE CLOSE 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
2012 27 JAN	£245,000	£180,379	36% above HPI
2001 25 MAY	£130,000	£87,368	49% above HPI

28 MELBOURNE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Derby local authority area over time, sourced from the HPI. The two 28 MELBOURNE CLOSE sales from May 2001 and January 2012 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 2001 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the January 2012 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 28 MELBOURNE CLOSE be worth now?

28 MELBOURNE CLOSE might now be worth an estimated £431,704.

This is based on house price inflation of 76.2%, between January 2012 and June 2025, for detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 76.2% inflationary increase is applied to the most recent sale price for 28 MELBOURNE CLOSE of £245,000 on 27th January 2012. For the value to have increased from £245,000 to £431,704 over the twelve years and seven months to June 2025, the following assumptions must hold true:

• The value of 28 MELBOURNE CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The January 2012 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 28 MELBOURNE CLOSE has not materially changed since January 2012.

How Large is 28 MELBOURNE CLOSE?

28 MELBOURNE CLOSE is 133m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the largest 30% of detached houses houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 28 MELBOURNE CLOSE lies on this distribution: 77% of detached houses houses are smaller than 28 MELBOURNE CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Derby.

28 MELBOURNE CLOSE: Plot and Title Map

28 MELBOURNE CLOSE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 28 MELBOURNE CLOSE, 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 28 MELBOURNE CLOSE). 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 28 MELBOURNE CLOSE?

28 MELBOURNE CLOSE is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 28 on MELBOURNE CLOSE.