1, REDWING CROFT, DERBY, DE23 1WF - £277,000

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 REDWING CROFT is a very small extended detached house of 79m², built sometime between 1976 and 1982. It was last sold for £277,000 in December 2021, which was around 2% below the average December 2021 detached price in the City of Derby local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

1 REDWING CROFT Sold Prices

Land registry data shows two sales for 1 REDWING CROFT 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. Both of the two 1 REDWING CROFT 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
2021 9 DEC	£277,000	£282,331	2% below HPI
2020 30 OCT	£140,000	£257,862	46% below HPI

1 REDWING CROFT 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 REDWING CROFT sales from October 2020 and December 2021 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 2020 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the December 2021 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 1 REDWING CROFT?

1 REDWING CROFT is 79m², which includes one extension, according to the EPC inspection conducted in August 2021. 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 REDWING CROFT lies on this distribution: 19% of detached houses are smaller than 1 REDWING CROFT, and 80% of houses are larger. Note that EPC data is not available for all properties in Derby.

1 REDWING CROFT: Plot and Title Map

1 REDWING CROFT sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 1 REDWING CROFT, 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 REDWING CROFT). 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 REDWING CROFT?

1 REDWING CROFT is located in DERBY, in the DE23 postcode district. The below map shows the position of No. 1 on REDWING CROFT.