5, SWEET LEYS WAY, MELBOURNE, DERBY, DE73 8LE - £475,000

5 SWEET LEYS WAY is a large extended detached house of 150m², built sometime between 2007 and 2011. It was last sold for £475,000 in May 2022, which was around 51% above the average May 2022 detached price in the South Derbyshire local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

5 SWEET LEYS WAY Sold Prices

Land registry data shows two sales for 5 SWEET LEYS WAY 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 5 SWEET LEYS WAY 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 3 MAY	£475,000	£315,336	51% above HPI
2010 12 MAR	£349,995	£196,664	78% above HPI

5 SWEET LEYS WAY 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 5 SWEET LEYS WAY sales from March 2010 and May 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 March 2010 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the May 2022 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is 5 SWEET LEYS WAY?

5 SWEET LEYS WAY is 150m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 40% of detached houses in Melbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Melbourne, and where 5 SWEET LEYS WAY lies on this distribution: 70% of detached houses are smaller than 5 SWEET LEYS WAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

5 SWEET LEYS WAY: Plot and Title Map

5 SWEET LEYS WAY sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 5 SWEET LEYS WAY, 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 5 SWEET LEYS WAY). 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 5 SWEET LEYS WAY?

5 SWEET LEYS WAY is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 5 on SWEET LEYS WAY.