122, WESTERN ROAD, MICKLEOVER, DERBY, DE3 9GR - £380,000

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

122 WESTERN ROAD is a large extended detached house of 126m², built sometime between 1900 and 1929. It was last sold for £380,000 in May 2021, which was around 43% above the average May 2021 detached price in the City of Derby local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

122 WESTERN ROAD Sold Prices

Land registry data shows four sales for 122 WESTERN ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Most of the four 122 WESTERN ROAD 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
2021 5 MAY	£380,000	£265,538	43% above HPI
2008 3 DEC	£173,000	£179,643	4% below HPI
2008 25 SEP	£173,000	£194,537	11% below HPI
2007 30 NOV	£180,000	£208,204	14% below HPI

122 WESTERN 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 four 122 WESTERN ROAD sales between November 2007 and May 2021 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 December 2008 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2021 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 122 WESTERN ROAD?

122 WESTERN ROAD is 126m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 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 122 WESTERN ROAD lies on this distribution: 69% of detached houses are smaller than 122 WESTERN ROAD, and 30% of houses are larger. Note that EPC data is not available for all properties in Derby.

122 WESTERN ROAD: Plot and Title Map

122 WESTERN ROAD sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 122 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 122 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.

Where is 122 WESTERN ROAD?

122 WESTERN ROAD is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 122 on WESTERN ROAD.