18 Spinney Hill, Melbourne, Derby, DE73 8GT is a freehold terraced property built between 1976-1982. The property offers approximately 710 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £297,072 , which equates to approximately £418 per square foot. It was last sold on 19 Jan 2022 for £266,000. Since then, the value has increased by £31,072, representing a 11.7% increase, or approximately 3.0% per year.

The current estimated value of £297,072 is:

  • 38.7% lower than the average property price on Spinney Hill
  • 25.2% lower than the average in the DE73 8GT postcode area
  • and 23.1% lower than the average price for Derby as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 9 August 2021, the property was recorded as owner-occupied.

View sold house prices in DE73 8GT

Building approximate location

About Property

Type
Terraced House
Built
1976-1982
Interior Size
710 sq ft
Tenure
Freehold
Price (estimate)
£297,072
Price Per sq ft (estimate)
£418
Bedroom Count (estimate)
2 bedrooms

EPC Summary

18 Spinney Hill, Melbourne, Derby, South Derbyshire, Derbyshire, DE73 8GT has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 9 Aug 2021.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 23 Oct 2009, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 18.6%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from average to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water system was changed from from main system, no cylinder thermostat to from main system, with its energy efficiency improving from poor to good.
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 75 mm loft insulation, with no change in energy efficiency (average).
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to cavity wall, as built, partial insulation (assumed), changing energy efficiency from good to average.
  • The lighting was updated from low energy lighting in 40% of fixed outlets to low energy lighting in 83% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 75 mm loft insulation
Average
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 83% of fixed outlets
Very Good

Compared to DE73 8GT

24 th / 30
Price Rank
25% lower than average
14 th / 19
Size Rank
35% smaller than average
5 th / 19
Price Per Sq FT Rank
14% higher than average

Compared to other properties in DE73 8GT , this house's estimated value ranks 24th out of 30. Based on price per square foot, it ranks 5th out of 19 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 14th out of 19 properties in its postcode area.

Sale History

Today
£297,072
streetscan.co.uk estimate
+12 %
19 Jan 2022
£266,000
Leasehold
+66.3 %
18 Dec 2015
£159,950
Leasehold
+15.9 %
12 Apr 2012
£138,000
Leasehold
+3 %
1 Mar 2004
£134,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 667 sq ft
sale price: £235,000
sale date: 4 Aug 2023
rooms: 4
size: 646 sq ft
sale price: £210,000
sale date: 19 Jan 2021
rooms: 4
size: 630 sq ft
sale price: £215,000
sale date: 8 Jan 2021
rooms: 3
size: 646 sq ft
sale price: £183,500
sale date: 20 Nov 2017
rooms: 3
size: 678 sq ft
sale price: £136,000
sale date: 31 Oct 2012

Data Sources

The property at 18 Spinney Hill, Melbourne, Derby, DE73 8GT appears four times in the Land Registry records, with the latest transaction recorded on 19 Jan 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Aug 2021. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.