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 NEWARK ROAD is a very small extended detached house of 74m², built sometime between 1967 and 1975. It was last sold for £155,000 in July 2023, which was around 49% below the average July 2023 detached price in the City of Derby local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 1 NEWARK ROAD since 1st 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 NEWARK ROAD 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 |
---|---|---|---|
2023 28 JUL | £155,000 | £306,679 | 49% below HPI |
2000 11 FEB | £58,000 | £78,142 | 26% below HPI |
1999 24 MAY | £59,950 | £71,087 | 16% below HPI |
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 NEWARK ROAD sales between May 1999 and July 2023 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 February 2000 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2023 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.
1 NEWARK ROAD is 74m², which includes one extension, according to the EPC inspection conducted in June 2024. This puts it in the smallest 20% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 1 NEWARK ROAD lies on this distribution: 14% of detached houses are smaller than 1 NEWARK ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Derby.
1 NEWARK ROAD sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 1 NEWARK ROAD, 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 NEWARK ROAD). 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.
1 NEWARK ROAD is located in DERBY, in the DE21 postcode district. The below map shows the position of No. 1 on NEWARK ROAD.