1, SOUTH DRIVE, CHELLASTON, DERBY, DE73 6RT - £320,000

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 SOUTH DRIVE is a small detached house of 95m², built sometime between 1976 and 1982, which could now be worth an estimated £340,847. It was last sold for £320,000 in October 2022, which was around 6% above the average October 2022 detached price in the City of Derby local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

1 SOUTH DRIVE Sold Prices

Land registry data shows two sales for 1 SOUTH DRIVE 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 SOUTH DRIVE 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 13 OCT	£320,000	£302,938	6% above HPI
1996 6 DEC	£67,500	£63,567	6% above HPI

1 SOUTH DRIVE 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 SOUTH DRIVE sales from December 1996 and October 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 December 1996 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2022 sale, which was also at 6% above the HPI.

What might 1 SOUTH DRIVE be worth now?

1 SOUTH DRIVE might now be worth an estimated £340,847.

This is based on house price inflation of 6.5%, between October 2022 and December 2024, 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 6.5% inflationary increase is applied to the most recent sale price for 1 SOUTH DRIVE of £320,000 on 13th October 2022. For the value to have increased from £320,000 to £340,847 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of 1 SOUTH DRIVE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The October 2022 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SOUTH DRIVE has not materially changed since October 2022.

How Large is 1 SOUTH DRIVE?

1 SOUTH DRIVE is 95m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 40% 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 SOUTH DRIVE lies on this distribution: 37% of detached houses houses are smaller than 1 SOUTH DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Derby.

1 SOUTH DRIVE: Plot and Title Map

1 SOUTH DRIVE sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 1 SOUTH DRIVE, 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 SOUTH DRIVE). 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 SOUTH DRIVE?

1 SOUTH DRIVE is located in CHELLASTON, in the DE73 postcode district. The below map shows the position of No. 1 on SOUTH DRIVE.