1, VERONA WAY, CHELLASTON, DERBY, DE73 5AQ - £410,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 VERONA WAY is a very large extended detached house of 163m², built sometime between 2003 and 2006, which could now be worth an estimated £568,100. It was last sold for £410,000 in August 2017, which was around 79% above the average August 2017 detached price in the City of Derby local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

1 VERONA WAY Sold Prices

Land registry data shows two sales for 1 VERONA 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 City of Derby local authority area for the corresponding sale date. Both of the two 1 VERONA 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
2017 4 AUG	£410,000	£229,291	79% above HPI
2005 29 APR	£324,995	£187,645	73% above HPI

1 VERONA WAY 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 VERONA WAY sales from April 2005 and August 2017 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 April 2005 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the August 2017 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.

What might 1 VERONA WAY be worth now?

1 VERONA WAY might now be worth an estimated £568,100.

This is based on house price inflation of 38.6%, between August 2017 and February 2025, 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 38.6% inflationary increase is applied to the most recent sale price for 1 VERONA WAY of £410,000 on 4th August 2017. For the value to have increased from £410,000 to £568,100 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 1 VERONA WAY has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The August 2017 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 1 VERONA WAY has not materially changed since August 2017.

How Large is 1 VERONA WAY?

1 VERONA WAY is 163m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the largest 20% 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 VERONA WAY lies on this distribution: 88% of detached houses houses are smaller than 1 VERONA WAY, and 12% of houses are larger. Note that EPC data is not available for all properties in Derby.

1 VERONA WAY: Plot and Title Map

1 VERONA WAY sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 1 VERONA 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 VERONA 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 VERONA WAY?

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