1, PARSONS WAY, DRAKELOW, BURTON-ON-TRENT, DE15 9UN - £400,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 PARSONS WAY is a very large detached house of 158m², which could now be worth an estimated £460,567. It was last sold for £400,000 in February 2022, which was around 26% above the average February 2022 detached price in the South Derbyshire local authority area. The most recent EPC inspection was August 2017, where the current energy rating was B, and the potential energy rating was A.

1 PARSONS WAY Sold Prices

Land registry data shows two sales for 1 PARSONS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. Both of the two 1 PARSONS WAY 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
2022 2 FEB	£400,000	£316,940	26% above HPI
2017 31 AUG	£374,995	£271,616	38% above HPI

1 PARSONS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The two 1 PARSONS WAY sales from August 2017 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 August 2017 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the February 2022 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 1 PARSONS WAY be worth now?

1 PARSONS WAY might now be worth an estimated £460,567.

This is based on house price inflation of 15.1%, between February 2022 and December 2024, for detached houses, in the South Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.1% inflationary increase is applied to the most recent sale price for 1 PARSONS WAY of £400,000 on 2nd February 2022. For the value to have increased from £400,000 to £460,567 over the one year and two months to December 2024, the following assumptions must hold true:

• The value of 1 PARSONS WAY has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The February 2022 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PARSONS WAY has not materially changed since February 2022.

How Large is 1 PARSONS WAY?

1 PARSONS WAY is 158m² according to the EPC inspection conducted in August 2017. This puts it in the largest 20% of detached houses houses in Burton upon Trent, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burton upon Trent, and where 1 PARSONS WAY lies on this distribution: 86% of detached houses houses are smaller than 1 PARSONS WAY, and 14% of houses are larger. Note that EPC data is not available for all properties in Burton upon Trent.

1 PARSONS WAY: Plot and Title Map

1 PARSONS WAY sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 1 PARSONS WAY, 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 PARSONS WAY). 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 PARSONS WAY?

1 PARSONS WAY is located in DRAKELOW, in the DE15 postcode district. The below map shows the position of No. 1 on PARSONS WAY.