1, WATERFORD DRIVE, CHADDESDEN, DERBY, DE21 6TN - £172,000

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 WATERFORD DRIVE is a very small detached house of 80m², built sometime from 2007 onwards. It was last sold for £172,000 in May 2021, which was around 35% below the average May 2021 detached price in the City of Derby local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was B.

1 WATERFORD DRIVE Sold Prices

Land registry data shows three sales for 1 WATERFORD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the three 1 WATERFORD DRIVE 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 26 MAY	£172,000	£265,538	35% below HPI
2016 29 APR	£143,500	£216,516	34% below HPI
2003 22 DEC	£65,000	£163,537	60% below HPI

1 WATERFORD 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 three 1 WATERFORD DRIVE sales between December 2003 and May 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 April 2016 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 1 WATERFORD DRIVE?

1 WATERFORD DRIVE is 80m² according to the EPC inspection conducted in March 2011. 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 WATERFORD DRIVE lies on this distribution: 20% of detached houses are smaller than 1 WATERFORD DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Derby.

1 WATERFORD DRIVE: Plot and Title Map

1 WATERFORD DRIVE sits on a plot of roughly 0.033 of an acre, or 133m². The below map shows the location of 1 WATERFORD 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 WATERFORD 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 WATERFORD DRIVE?

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