45, STATION ROAD, MELBOURNE, DERBY, DE73 8EB - £255,000

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.

45 STATION ROAD is a very small semi-detached house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £304,140. It was last sold for £255,000 in March 2021, which was around 33% above the average March 2021 semi-detached price in the South Derbyshire local authority area. The most recent EPC inspection was January 2013, where the current energy rating was E, and the potential energy rating was B.

45 STATION ROAD Sold Prices

Land registry data shows six sales for 45 STATION ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the South Derbyshire local authority area for the corresponding sale date. Most of the six 45 STATION ROAD 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 18 MAR	£255,000	£191,722	33% above HPI
2013 28 MAR	£173,500	£131,894	32% above HPI
2009 17 DEC	£175,000	£137,714	27% above HPI
2006 20 OCT	£137,000	£146,389	6% below HPI
2001 12 JAN	£73,500	£63,860	15% above HPI
1998 17 JUL	£54,000	£46,330	17% above HPI

45 STATION ROAD 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 six 45 STATION ROAD sales between July 1998 and March 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 March 2013 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the March 2021 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 45 STATION ROAD be worth now?

45 STATION ROAD might now be worth an estimated £304,140.

This is based on house price inflation of 19.3%, between March 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 19.3% inflationary increase is applied to the most recent sale price for 45 STATION ROAD of £255,000 on 18th March 2021. For the value to have increased from £255,000 to £304,140 over the three years and nine months to June 2025, the following assumptions must hold true:

• The value of 45 STATION ROAD has moved in line with the HPI for semi-detached houses in the South Derbyshire local authority area.
• The March 2021 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 45 STATION ROAD has not materially changed since March 2021.

How Large is 45 STATION ROAD?

45 STATION ROAD is 82m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 20% 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 45 STATION ROAD lies on this distribution: 13% of semi-detached houses houses are smaller than 45 STATION ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

45 STATION ROAD: Plot and Title Map

45 STATION ROAD sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 45 STATION ROAD, 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 45 STATION ROAD). 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 45 STATION ROAD?

45 STATION ROAD is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 45 on STATION ROAD.