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
124 SEVENLANDS DRIVE is a small extended detached house of 85m², built sometime between 1996 and 2002. It was last sold for £275,000 in September 2022, which was around 16% below the average September 2022 detached price in the South Derbyshire local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 124 SEVENLANDS DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. Two of the three 124 SEVENLANDS DRIVE 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 |
---|---|---|---|
2022 16 SEP | £275,000 | £327,228 | 16% below HPI |
2015 23 JAN | £173,500 | £230,208 | 25% below HPI |
1997 26 SEP | £78,950 | £75,653 | 4% above HPI |
The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The three 124 SEVENLANDS DRIVE sales between September 1997 and September 2022 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 January 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.
124 SEVENLANDS DRIVE is 85m², which includes two extensions, according to the EPC inspection conducted in November 2014. 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 124 SEVENLANDS DRIVE lies on this distribution: 25% of detached houses are smaller than 124 SEVENLANDS DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Derby.
124 SEVENLANDS DRIVE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 124 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 124 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.
124 SEVENLANDS DRIVE is located in BOULTON MOOR, in the DE24 postcode district. The below map shows the position of No. 124 on SEVENLANDS DRIVE.