1, WOODS MEADOW, ELVASTON, DERBY, DE72 3UX - £340,000

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 WOODS MEADOW is a very large detached house of 150m², built sometime between 1996 and 2002, which could now be worth an estimated £495,418. It was last sold for £340,000 in August 2015, which was around 40% above the average August 2015 detached price in the South Derbyshire local authority area. The most recent EPC inspection was April 2015, where the current energy rating was B, and the potential energy rating was B.

1 WOODS MEADOW Sold Prices

Land registry data shows five sales for 1 WOODS MEADOW since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. All of the five 1 WOODS MEADOW 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
2015 13 AUG	£340,000	£242,133	40% above HPI
2010 5 AUG	£262,000	£210,619	24% above HPI
2003 17 APR	£228,000	£170,441	34% above HPI
2002 28 NOV	£223,000	£144,052	55% above HPI
1999 31 MAR	£130,950	£85,911	52% above HPI

1 WOODS MEADOW Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The five 1 WOODS MEADOW sales between March 1999 and August 2015 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 August 2010 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the August 2015 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 1 WOODS MEADOW be worth now?

1 WOODS MEADOW might now be worth an estimated £495,418.

This is based on house price inflation of 45.7%, between August 2015 and February 2025, for detached houses, in the South Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.7% inflationary increase is applied to the most recent sale price for 1 WOODS MEADOW of £340,000 on 13th August 2015. For the value to have increased from £340,000 to £495,418 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 1 WOODS MEADOW has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The August 2015 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WOODS MEADOW has not materially changed since August 2015.

How Large is 1 WOODS MEADOW?

1 WOODS MEADOW is 150m² according to the EPC inspection conducted in April 2015. 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 WOODS MEADOW lies on this distribution: 84% of detached houses houses are smaller than 1 WOODS MEADOW, and 15% of houses are larger. Note that EPC data is not available for all properties in Derby.

1 WOODS MEADOW: Plot and Title Map

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

1 WOODS MEADOW is located in ELVASTON, in the DE72 postcode district. The below map shows the position of No. 1 on WOODS MEADOW.