1, SPINDLETREE DRIVE, OAKWOOD, DERBY, DE21 2DG - £237,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 SPINDLETREE DRIVE is a large extended detached house of 135m², built sometime between 1983 and 1990. It was last sold for £237,500 in June 2012, which was around 29% above the average June 2012 detached price in the City of Derby local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

1 SPINDLETREE DRIVE Sold Prices

Land registry data shows two sales for 1 SPINDLETREE 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 SPINDLETREE 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
2012 25 JUN	£237,500	£183,638	29% above HPI
2003 31 OCT	£189,000	£157,576	20% above HPI

1 SPINDLETREE 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 SPINDLETREE DRIVE sales from October 2003 and June 2012 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 2003 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the June 2012 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 1 SPINDLETREE DRIVE?

1 SPINDLETREE DRIVE is 135m², which includes one extension, according to the EPC inspection conducted in January 2012. This puts it in the largest 30% 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 SPINDLETREE DRIVE lies on this distribution: 78% of detached houses are smaller than 1 SPINDLETREE DRIVE, and 22% of houses are larger. Note that EPC data is not available for all properties in Derby.

1 SPINDLETREE DRIVE: Plot and Title Map

1 SPINDLETREE DRIVE sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 1 SPINDLETREE 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 SPINDLETREE 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 SPINDLETREE DRIVE?

1 SPINDLETREE DRIVE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 1 on SPINDLETREE DRIVE.