Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
114A WESTERN ROAD is a very large detached house of 187m², built sometime between 1976 and 1982. It was last sold for £575,000 in February 2023, which was around 88% above the average February 2023 detached price in the City of Derby local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 114A WESTERN ROAD since 1st 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 114A WESTERN ROAD 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 |
---|---|---|---|
2023 17 FEB | £575,000 | £306,025 | 88% above HPI |
2003 21 NOV | £407,500 | £161,146 | 153% above HPI |
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 114A WESTERN ROAD sales from November 2003 and February 2023 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 November 2003 sale was for 153% above the HPI. So the extrapolation line tracks at 153% above the HPI over time, until the February 2023 sale, where it falls to 88% above the HPI. The line then continues to track at 88% above the HPI.
114A WESTERN ROAD is 187m² according to the EPC inspection conducted in January 2014. This puts it in the largest 10% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 114A WESTERN ROAD lies on this distribution: 94% of detached houses are smaller than 114A WESTERN ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Derby.
114A WESTERN ROAD sits on a plot of roughly 0.244 of an acre, or 988m². The below map shows the location of 114A WESTERN ROAD, 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 114A WESTERN ROAD). 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.
114A WESTERN ROAD is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 114A on WESTERN ROAD.