38, MELBOURNE CLOSE, MICKLEOVER, DERBY, DE3 9LG - £195,000

38 MELBOURNE CLOSE is a midsized extended detached house of 115m², built sometime between 1967 and 1975. It was last sold for £195,000 in July 2009, which was around 8% above the average July 2009 detached price in the City of Derby local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was C.

38 MELBOURNE CLOSE Sold Prices

Land registry data shows two sales for 38 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 38 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
2009 31 JUL	£195,000	£179,809	8% above HPI
2007 26 JAN	£214,000	£205,707	4% above HPI

38 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 38 MELBOURNE CLOSE sales from January 2007 and July 2009 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 January 2007 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2009 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 38 MELBOURNE CLOSE?

38 MELBOURNE CLOSE is 115m², which includes two extensions, according to the EPC inspection conducted in January 2023. This puts it in the largest 50% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 38 MELBOURNE CLOSE lies on this distribution: 59% of detached houses are smaller than 38 MELBOURNE CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Derby.

38 MELBOURNE CLOSE: Plot and Title Map

38 MELBOURNE CLOSE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 38 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 38 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 38 MELBOURNE CLOSE?

38 MELBOURNE CLOSE is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 38 on MELBOURNE CLOSE.