118, DERBY ROAD, DRAYCOTT, DERBY, DE72 3NX - £240,000

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.

118 DERBY ROAD is a large semi-detached house of 118m², built sometime between 1930 and 1949, which could now be worth an estimated £377,104. It was last sold for £240,000 in November 2015, which was around 78% above the average November 2015 semi-detached price in the Erewash local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was E.

118 DERBY ROAD Sold Prices

Land registry data shows three sales for 118 DERBY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Erewash local authority area for the corresponding sale date. All of the three 118 DERBY 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
2015 27 NOV	£240,000	£134,662	78% above HPI
2013 1 AUG	£195,000	£114,427	70% above HPI
2002 25 OCT	£115,000	£73,674	56% above HPI

118 DERBY ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Erewash local authority area over time, sourced from the HPI. The three 118 DERBY ROAD sales between October 2002 and November 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 2013 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the November 2015 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.

What might 118 DERBY ROAD be worth now?

118 DERBY ROAD might now be worth an estimated £377,104.

This is based on house price inflation of 57.1%, between November 2015 and February 2025, for semi-detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 57.1% inflationary increase is applied to the most recent sale price for 118 DERBY ROAD of £240,000 on 27th November 2015. For the value to have increased from £240,000 to £377,104 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 118 DERBY ROAD has moved in line with the HPI for semi-detached houses in the Erewash local authority area.
• The November 2015 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 118 DERBY ROAD has not materially changed since November 2015.

How Large is 118 DERBY ROAD?

118 DERBY ROAD is 118m² according to the EPC inspection conducted in March 2012. This puts it in the largest 40% of semi-detached houses houses in Draycott, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Draycott, and where 118 DERBY ROAD lies on this distribution: 61% of semi-detached houses houses are smaller than 118 DERBY ROAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Draycott.

118 DERBY ROAD: Plot and Title Map

118 DERBY ROAD sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 118 DERBY 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 118 DERBY 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.

Where is 118 DERBY ROAD?

118 DERBY ROAD is located in DRAYCOTT, in the DE72 postcode district. The below map shows the position of No. 118 on DERBY ROAD.