38, MELBOURNE CLOSE, MICKLEOVER, DERBY, DE3 9LG - £365,000

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.

38 MELBOURNE CLOSE is a midsized extended detached house of 115m², built sometime between 1967 and 1975, which could now be worth an estimated £369,677. It was last sold for £365,000 in October 2025, which was around 18% above the average October 2025 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 three sales for 38 MELBOURNE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the three 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
2025 9 OCT	£365,000	£310,203	18% above HPI
2009 31 JUL	£195,000	£180,058	8% above HPI
2007 26 JAN	£214,000	£205,992	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 three 38 MELBOURNE CLOSE sales between January 2007 and October 2025 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 July 2009 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the October 2025 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 38 MELBOURNE CLOSE be worth now?

38 MELBOURNE CLOSE might now be worth an estimated £369,677.

This is based on house price inflation of 1.3%, between October 2025 and May 2026, 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 1.3% inflationary increase is applied to the most recent sale price for 38 MELBOURNE CLOSE of £365,000 on 9th October 2025. For the value to have increased from £365,000 to £369,677 over the one year and five months to May 2026, the following assumptions must hold true:

• The value of 38 MELBOURNE CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The October 2025 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 38 MELBOURNE CLOSE has not materially changed since October 2025.

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 houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 38 MELBOURNE CLOSE lies on this distribution: 59% of detached houses 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.