9, BEECH AVENUE, MELBOURNE, DERBY, DE73 8FA - £195,000

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.

9 BEECH AVENUE is a very small detached house of 56m², built sometime between 1983 and 1990, which could now be worth an estimated £299,276. It was last sold for £195,000 in December 2014, which was around 18% below the average December 2014 detached price in the South Derbyshire local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

9 BEECH AVENUE Sold Prices

Land registry data shows three sales for 9 BEECH AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. All of the three 9 BEECH AVENUE sales were for below 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
2014 5 DEC	£195,000	£237,120	18% below HPI
2004 6 JUL	£183,000	£196,480	7% below HPI
1998 6 MAR	£54,000	£76,547	29% below HPI

9 BEECH AVENUE 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 three 9 BEECH AVENUE sales between March 1998 and December 2014 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 2004 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2014 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 9 BEECH AVENUE be worth now?

9 BEECH AVENUE might now be worth an estimated £299,276.

This is based on house price inflation of 53.5%, between December 2014 and April 2026, for 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 53.5% inflationary increase is applied to the most recent sale price for 9 BEECH AVENUE of £195,000 on 5th December 2014. For the value to have increased from £195,000 to £299,276 over the twelve years and eight months to April 2026, the following assumptions must hold true:

• The value of 9 BEECH AVENUE has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The December 2014 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 9 BEECH AVENUE has not materially changed since December 2014.

How Large is 9 BEECH AVENUE?

9 BEECH AVENUE is 56m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of detached houses houses in Melbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melbourne, and where 9 BEECH AVENUE lies on this distribution: 2% of detached houses houses are smaller than 9 BEECH AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

9 BEECH AVENUE: Plot and Title Map

9 BEECH AVENUE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 9 BEECH AVENUE, 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 9 BEECH AVENUE). 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 9 BEECH AVENUE?

9 BEECH AVENUE is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 9 on BEECH AVENUE.