39, CASTLE MILLS, MELBOURNE, DERBY, DE73 8BF - £165,250

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.

39 CASTLE MILLS is a very large flat of 73m², built sometime between 1991 and 1995, which could now be worth an estimated £198,695. It was last sold for £165,250 in April 2019, which was around 43% above the average April 2019 flat price in the South Derbyshire local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

39 CASTLE MILLS Sold Prices

Land registry data shows three sales for 39 CASTLE MILLS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the South Derbyshire local authority area for the corresponding sale date. All of the three 39 CASTLE MILLS 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
2019 12 APR	£165,250	£115,397	43% above HPI
2002 26 SEP	£110,000	£67,496	63% above HPI
1996 12 DEC	£67,500	£32,932	105% above HPI

What might 39 CASTLE MILLS be worth now?

39 CASTLE MILLS might now be worth an estimated £198,695.

This is based on house price inflation of 20.2%, between April 2019 and May 2026, for flats, 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 20.2% inflationary increase is applied to the most recent sale price for 39 CASTLE MILLS of £165,250 on 12th April 2019. For the value to have increased from £165,250 to £198,695 over the six years and eleven months to May 2026, the following assumptions must hold true:

• The value of 39 CASTLE MILLS has moved in line with the HPI for flats in the South Derbyshire local authority area.
• The April 2019 sale price of £165,250 represented a fair market value for the property.
• The size, condition, and specification of 39 CASTLE MILLS has not materially changed since April 2019.

How Large is 39 CASTLE MILLS?

39 CASTLE MILLS is 73m² according to the EPC inspection conducted in January 2019. This puts it in the largest 20% of flats in Melbourne, based on EPC data. 83% of flats are smaller than 39 CASTLE MILLS, and 13% of flats are larger. Note that EPC data is not available for all properties in Melbourne.

39 CASTLE MILLS: Plot

39 CASTLE MILLS sits on a plot of roughly 1.2 acres, or 4,814m².

Where is 39 CASTLE MILLS?

39 CASTLE MILLS is located in MELBOURNE, in the DE73 postcode district.