1, HOMERTON VALE, MICKLEOVER, DERBY, DE3 9DN - £263,000

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 HOMERTON VALE is a large detached house of 132m², which could now be worth an estimated £361,110. It was last sold for £263,000 in December 2017, which was around 14% above the average December 2017 detached price in the City of Derby local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

1 HOMERTON VALE Sold Prices

Land registry data shows three sales for 1 HOMERTON VALE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the three 1 HOMERTON VALE 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
2017 14 DEC	£263,000	£231,390	14% above HPI
2016 13 OCT	£235,000	£224,795	5% above HPI
2013 1 MAR	£239,995	£189,368	27% above HPI

1 HOMERTON VALE 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 three 1 HOMERTON VALE sales between March 2013 and December 2017 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 October 2016 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the December 2017 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 1 HOMERTON VALE be worth now?

1 HOMERTON VALE might now be worth an estimated £361,110.

This is based on house price inflation of 37.3%, between December 2017 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 37.3% inflationary increase is applied to the most recent sale price for 1 HOMERTON VALE of £263,000 on 14th December 2017. For the value to have increased from £263,000 to £361,110 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 HOMERTON VALE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The December 2017 sale price of £263,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HOMERTON VALE has not materially changed since December 2017.

How Large is 1 HOMERTON VALE?

1 HOMERTON VALE is 132m² according to the EPC inspection conducted in July 2012. This puts it in the largest 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 HOMERTON VALE lies on this distribution: 75% of detached houses houses are smaller than 1 HOMERTON VALE, and 24% of houses are larger. Note that EPC data is not available for all properties in Derby.

1 HOMERTON VALE: Plot and Title Map

1 HOMERTON VALE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 1 HOMERTON VALE, 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 HOMERTON VALE). 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 HOMERTON VALE?

1 HOMERTON VALE is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 1 on HOMERTON VALE.