1, DERWENT AVENUE, MILFORD, BELPER, DE56 0RB - £325,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 DERWENT AVENUE is a small extended semi-detached house of 104m², built sometime between 1930 and 1949. It was last sold for £325,000 in July 2024, which was around 3% below the average July 2024 detached price in the Amber Valley local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

1 DERWENT AVENUE Sold Prices

Land registry data shows three sales for 1 DERWENT 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 Amber Valley local authority area for the corresponding sale date. All of the three 1 DERWENT 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
2024 25 JUL	£325,000	£333,371	3% below HPI
2013 15 APR	£150,000	£183,261	18% below HPI
2002 28 MAR	£91,500	£99,059	8% below HPI

1 DERWENT AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The three 1 DERWENT AVENUE sales between March 2002 and July 2024 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 April 2013 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2024 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 1 DERWENT AVENUE?

1 DERWENT AVENUE is 104m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the smallest 40% of detached houses in Milford, based on EPC data. The below chart shows the distribution of detached houses by size in Milford, and where 1 DERWENT AVENUE lies on this distribution: 32% of detached houses are smaller than 1 DERWENT AVENUE, and 68% of houses are larger. Note that EPC data is not available for all properties in Milford.

1 DERWENT AVENUE: Plot and Title Map

1 DERWENT AVENUE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 1 DERWENT 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 1 DERWENT 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 1 DERWENT AVENUE?

1 DERWENT AVENUE is located in MILFORD, in the DE56 postcode district. The below map shows the position of No. 1 on DERWENT AVENUE.