4, CARTWRIGHT CLOSE, MELBOURNE, DERBY, DE73 8LA - £327,500

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.

4 CARTWRIGHT CLOSE is a small semi-detached house of 106m², which could now be worth an estimated £383,569. It was last sold for £327,500 in September 2021, which was around 68% above the average September 2021 semi-detached price in the South Derbyshire local authority area. The most recent EPC inspection was August 2016, where the current energy rating was B, and the potential energy rating was A.

4 CARTWRIGHT CLOSE Sold Prices

Land registry data shows two sales for 4 CARTWRIGHT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Derbyshire local authority area for the corresponding sale date. Both of the two 4 CARTWRIGHT 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
2021 30 SEP	£327,500	£195,242	68% above HPI
2016 28 OCT	£278,005	£164,731	69% above HPI

4 CARTWRIGHT CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The two 4 CARTWRIGHT CLOSE sales from October 2016 and September 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 October 2016 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the September 2021 sale, where it falls to 68% above the HPI. The line then continues to track at 68% above the HPI.

What might 4 CARTWRIGHT CLOSE be worth now?

4 CARTWRIGHT CLOSE might now be worth an estimated £383,569.

This is based on house price inflation of 17.1%, between September 2021 and June 2025, for semi-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 17.1% inflationary increase is applied to the most recent sale price for 4 CARTWRIGHT CLOSE of £327,500 on 30th September 2021. For the value to have increased from £327,500 to £383,569 over the four years and three months to June 2025, the following assumptions must hold true:

• The value of 4 CARTWRIGHT CLOSE has moved in line with the HPI for semi-detached houses in the South Derbyshire local authority area.
• The September 2021 sale price of £327,500 represented a fair market value for the property.
• The size, condition, and specification of 4 CARTWRIGHT CLOSE has not materially changed since September 2021.

How Large is 4 CARTWRIGHT CLOSE?

4 CARTWRIGHT CLOSE is 106m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 40% of semi-detached houses houses in Melbourne, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Melbourne, and where 4 CARTWRIGHT CLOSE lies on this distribution: 33% of semi-detached houses houses are smaller than 4 CARTWRIGHT CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

4 CARTWRIGHT CLOSE: Plot and Title Map

4 CARTWRIGHT CLOSE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 4 CARTWRIGHT 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 4 CARTWRIGHT 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 4 CARTWRIGHT CLOSE?

4 CARTWRIGHT CLOSE is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 4 on CARTWRIGHT CLOSE.