14, BANKFIELD DRIVE, SPONDON, DERBY, DE21 7QZ - £157,500

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.

14 BANKFIELD DRIVE is a very small detached house of 63m², built sometime between 1967 and 1975, which could now be worth an estimated £216,079. It was last sold for £157,500 in July 2017, which was around 32% below the average July 2017 detached price in the City of Derby local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

14 BANKFIELD DRIVE Sold Prices

Land registry data shows two sales for 14 BANKFIELD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Both of the two 14 BANKFIELD DRIVE 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
2017 14 JUL	£157,500	£231,577	32% below HPI
2005 27 APR	£147,950	£187,645	21% below HPI

14 BANKFIELD DRIVE 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 two 14 BANKFIELD DRIVE sales from April 2005 and July 2017 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 April 2005 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2017 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 14 BANKFIELD DRIVE be worth now?

14 BANKFIELD DRIVE might now be worth an estimated £216,079.

This is based on house price inflation of 37.2%, between July 2017 and February 2025, for detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.2% inflationary increase is applied to the most recent sale price for 14 BANKFIELD DRIVE of £157,500 on 14th July 2017. For the value to have increased from £157,500 to £216,079 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 14 BANKFIELD DRIVE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The July 2017 sale price of £157,500 represented a fair market value for the property.
• The size, condition, and specification of 14 BANKFIELD DRIVE has not materially changed since July 2017.

How Large is 14 BANKFIELD DRIVE?

14 BANKFIELD DRIVE is 63m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 10% of detached houses houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 14 BANKFIELD DRIVE lies on this distribution: 6% of detached houses houses are smaller than 14 BANKFIELD DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Derby.

14 BANKFIELD DRIVE: Plot and Title Map

14 BANKFIELD DRIVE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 14 BANKFIELD 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 14 BANKFIELD 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.

Where is 14 BANKFIELD DRIVE?

14 BANKFIELD DRIVE is located in SPONDON, in the DE21 postcode district. The below map shows the position of No. 14 on BANKFIELD DRIVE.