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
116 SEVENLANDS DRIVE is a small extended detached house of 87m², built sometime between 1996 and 2002. It was last sold for £265,000 in October 2023, which was around 20% below the average October 2023 detached price in the South Derbyshire local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 116 SEVENLANDS DRIVE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. All of the six 116 SEVENLANDS 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 |
---|---|---|---|
2023 27 OCT | £265,000 | £332,014 | 20% below HPI |
2021 21 JUL | £230,000 | £291,855 | 21% below HPI |
2014 14 NOV | £172,000 | £223,550 | 23% below HPI |
2009 18 AUG | £137,000 | £189,299 | 28% below HPI |
2005 26 AUG | £160,000 | £199,562 | 20% below HPI |
1997 8 AUG | £70,000 | £77,236 | 9% below HPI |
The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The six 116 SEVENLANDS DRIVE sales between August 1997 and October 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 July 2021 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2023 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.
116 SEVENLANDS DRIVE is 87m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the smallest 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 116 SEVENLANDS DRIVE lies on this distribution: 28% of detached houses are smaller than 116 SEVENLANDS DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Derby.
116 SEVENLANDS DRIVE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 116 SEVENLANDS 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 116 SEVENLANDS 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.
116 SEVENLANDS DRIVE is located in BOULTON MOOR, in the DE24 postcode district. The below map shows the position of No. 116 on SEVENLANDS DRIVE.