3, QUEENSWAY, MELBOURNE, DERBY, DE73 8FG - £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.

3 QUEENSWAY is a small semi-detached house of 81m², built sometime between 1950 and 1966, which could now be worth an estimated £290,220. It was last sold for £195,000 in May 2016, which was around 21% above the average May 2016 semi-detached price in the South Derbyshire local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was B.

3 QUEENSWAY Sold Prices

Land registry data shows one sale for 3 QUEENSWAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the South Derbyshire local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 27 MAY	£195,000	£161,263	21% above HPI

What might 3 QUEENSWAY be worth now?

3 QUEENSWAY might now be worth an estimated £290,220.

This is based on house price inflation of 48.8%, between May 2016 and May 2026, 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 48.8% inflationary increase is applied to the most recent sale price for 3 QUEENSWAY of £195,000 on 27th May 2016. For the value to have increased from £195,000 to £290,220 over the ten years to May 2026, the following assumptions must hold true:

• The value of 3 QUEENSWAY has moved in line with the HPI for semi-detached houses in the South Derbyshire local authority area.
• The May 2016 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 3 QUEENSWAY has not materially changed since May 2016.

How Large is 3 QUEENSWAY?

3 QUEENSWAY is 81m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 40% of semi-detached houses in Melbourne, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Melbourne, and where 3 QUEENSWAY lies on this distribution: 40% of semi-detached houses are smaller than 3 QUEENSWAY, and 57% of semi-detached houses are larger. Note that EPC data is not available for all properties in Melbourne.

3 QUEENSWAY: Plot

3 QUEENSWAY sits on a plot of roughly 0.073 of an acre, or 295m².

Where is 3 QUEENSWAY?

3 QUEENSWAY is located in MELBOURNE, in the DE73 postcode district.