40 Derby Road, Melbourne, Derby, DE73 8FE is a freehold terraced property built before 1900. 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 £176,691 , which equates to approximately £249 per square foot. It was last sold on 9 Dec 2022 for £176,000. Since then, the value has increased by £691, representing a 0.4% increase, or approximately 0.1% per year.

The current estimated value of £176,691 is:

  • 24.3% lower than the average property price on Victoria Mews
  • 45.2% lower than the average in the DE73 8FE postcode area
  • and 54.2% lower than the average price for Derby as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (2 out of 4 inspections). 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 14 April 2023, the property was recorded as rented.

View sold house prices in DE73 8FE

Building approximate location

About Property

Type
Terraced House
Built
before 1900
Interior Size
710 sq ft
Tenure
Freehold
Price (estimate)
£176,691
Price Per sq ft (estimate)
£249
Bedroom Count (estimate)
2 bedrooms

EPC Summary

40 Derby Road, Melbourne, Derby, South Derbyshire, Derbyshire, DE73 8FE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 14 Apr 2023.

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 mostly double glazed.

The previous EPC assessment was conducted on 26 Apr 2022, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 10.8%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, 200 mm loft insulation, improving energy efficiency from very poor to good.
  • The windows were upgraded from partial double glazing to mostly double glazing.
  • The lighting was changed from low energy lighting in 91% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 200 mm loft insulation
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Mostly double glazing
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to DE73 8FE

32 nd / 40
Price Rank
45% lower than average
13 th / 23
Size Rank
21% smaller than average
14 th / 23
Price Per Sq FT Rank
30% lower than average

Compared to other properties in DE73 8FE , this house's estimated value ranks 32th out of 40. Based on price per square foot, it ranks 14th out of 23 properties. In terms of size, this home ranks 13th out of 23 properties in its postcode area.

Sale History

Today
£176,691
streetscan.co.uk estimate
+0 %
9 Dec 2022
£176,000
Leasehold
+27.5 %
24 Mar 2014
£138,000
Leasehold
-1.8 %
27 Apr 2007
£140,500
Leasehold
+264.9 %
20 Jun 1997
£38,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 689 sq ft
sale price: £160,000
sale date: 13 Dec 2019
rooms: 3
size: 678 sq ft
sale price: £173,000
sale date: 25 May 2018

Data Sources

The property at 40 Derby Road, Melbourne, Derby, DE73 8FE appears four times in the Land Registry records, with the latest transaction recorded on 9 Dec 2022. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Apr 2023. 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.