1, HERMITAGE COURT, OAKWOOD, DERBY, DE21 2LG - £271,000

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.

1 HERMITAGE COURT is a small extended detached house of 84m², built sometime between 1983 and 1990, which could now be worth an estimated £305,310. It was last sold for £271,000 in February 2022, which was around 4% below the average February 2022 detached price in the City of Derby local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

1 HERMITAGE COURT Sold Prices

Land registry data shows two sales for 1 HERMITAGE COURT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. One of the two 1 HERMITAGE COURT sales was for below the average price, whilst the other was 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
2022 11 FEB	£271,000	£282,005	4% below HPI
2000 11 JUL	£93,000	£79,893	16% above HPI

1 HERMITAGE COURT Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Derby local authority area over time, sourced from the HPI. The two 1 HERMITAGE COURT sales from July 2000 and February 2022 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 July 2000 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the February 2022 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 1 HERMITAGE COURT be worth now?

1 HERMITAGE COURT might now be worth an estimated £305,310.

This is based on house price inflation of 12.7%, between February 2022 and February 2025, for detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.7% inflationary increase is applied to the most recent sale price for 1 HERMITAGE COURT of £271,000 on 11th February 2022. For the value to have increased from £271,000 to £305,310 over the three years to February 2025, the following assumptions must hold true:

• The value of 1 HERMITAGE COURT has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The February 2022 sale price of £271,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HERMITAGE COURT has not materially changed since February 2022.

How Large is 1 HERMITAGE COURT?

1 HERMITAGE COURT is 84m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 30% of detached houses houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 1 HERMITAGE COURT lies on this distribution: 24% of detached houses houses are smaller than 1 HERMITAGE COURT, and 75% of houses are larger. Note that EPC data is not available for all properties in Derby.

1 HERMITAGE COURT: Plot and Title Map

1 HERMITAGE COURT sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 1 HERMITAGE COURT, 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 HERMITAGE COURT). 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 HERMITAGE COURT?

1 HERMITAGE COURT is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 1 on HERMITAGE COURT.