3, JACKSON CLOSE, MELBOURNE, DERBY, DE73 8JZ - £440,000

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.

3 JACKSON CLOSE is a small detached house of 112m², built in 2015, which could now be worth an estimated £503,377. It was last sold for £440,000 in March 2022, which was around 38% above the average March 2022 detached price in the South Derbyshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was B, and the potential energy rating was A.

3 JACKSON CLOSE Sold Prices

Land registry data shows two sales for 3 JACKSON 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 South Derbyshire local authority area for the corresponding sale date. Both of the two 3 JACKSON 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
2022 28 MAR	£440,000	£318,101	38% above HPI
2017 30 NOV	£330,000	£273,233	21% above HPI

3 JACKSON CLOSE 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 two 3 JACKSON CLOSE sales from November 2017 and March 2022 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 November 2017 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the March 2022 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 3 JACKSON CLOSE be worth now?

3 JACKSON CLOSE might now be worth an estimated £503,377.

This is based on house price inflation of 14.4%, between March 2022 and April 2026, 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 14.4% inflationary increase is applied to the most recent sale price for 3 JACKSON CLOSE of £440,000 on 28th March 2022. For the value to have increased from £440,000 to £503,377 over the three years and eleven months to April 2026, the following assumptions must hold true:

• The value of 3 JACKSON CLOSE has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The March 2022 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 3 JACKSON CLOSE has not materially changed since March 2022.

How Large is 3 JACKSON CLOSE?

3 JACKSON CLOSE is 112m² according to the EPC inspection conducted in May 2016. 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 3 JACKSON CLOSE lies on this distribution: 38% of detached houses houses are smaller than 3 JACKSON CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

3 JACKSON CLOSE: Plot and Title Map

3 JACKSON CLOSE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 3 JACKSON 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 3 JACKSON 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 3 JACKSON CLOSE?

3 JACKSON CLOSE is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 3 on JACKSON CLOSE.