123, DERBY ROAD, DRAYCOTT, DERBY, DE72 3NX - £570,000

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

123 DERBY ROAD is a large extended detached house of 150m², built sometime between 1930 and 1949. It was last sold for £570,000 in August 2023, which was around 80% above the average August 2023 detached price in the Erewash local authority area. The most recent EPC inspection was May 2021, where the current energy rating was E, and the potential energy rating was B.

123 DERBY ROAD Sold Prices

Land registry data shows two sales for 123 DERBY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two 123 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
2023 10 AUG	£570,000	£316,385	80% above HPI
1995 24 FEB	£86,250	£61,633	40% above HPI

123 DERBY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 123 DERBY ROAD sales from February 1995 and August 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 February 1995 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the August 2023 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

How Large is 123 DERBY ROAD?

123 DERBY ROAD is 150m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the largest 30% of detached houses in Draycott, based on EPC data. The below chart shows the distribution of detached houses by size in Draycott, and where 123 DERBY ROAD lies on this distribution: 77% of detached houses are smaller than 123 DERBY ROAD, and 23% of houses are larger. Note that EPC data is not available for all properties in Draycott.

123 DERBY ROAD: Plot and Title Map

123 DERBY ROAD sits on a plot of roughly 4.6 acres, or 18,432m². The below map shows the location of 123 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 123 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 123 DERBY ROAD?

123 DERBY ROAD is located in DRAYCOTT, in the DE72 postcode district. The below map shows the position of No. 123 on DERBY ROAD.