12, STANHOPE ROAD, MICKLEOVER, DERBY, DE3 9HG - £245,000

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

12 STANHOPE ROAD is a very small extended detached house of 55m², built sometime between 1950 and 1966. It was last sold for £245,000 in May 2023, which was around 21% below the average May 2023 detached price in the City of Derby local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

12 STANHOPE ROAD Sold Prices

Land registry data shows three sales for 12 STANHOPE ROAD 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. Two of the three 12 STANHOPE ROAD sales were for below the average price, whilst one was 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 12 MAY	£245,000	£309,578	21% below HPI
2002 29 MAY	£110,000	£104,906	5% above HPI
2000 11 FEB	£60,000	£78,142	23% below HPI

12 STANHOPE ROAD 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 12 STANHOPE ROAD sales between February 2000 and May 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 May 2002 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2023 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 12 STANHOPE ROAD?

12 STANHOPE ROAD is 55m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 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 12 STANHOPE ROAD lies on this distribution: 3% of detached houses are smaller than 12 STANHOPE ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Derby.

12 STANHOPE ROAD: Plot and Title Map

12 STANHOPE ROAD sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of 12 STANHOPE 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 12 STANHOPE 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 12 STANHOPE ROAD?

12 STANHOPE ROAD is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 12 on STANHOPE ROAD.