15, OAKFIELDS GROVE, SPONDON, DERBY, DE21 7ST - £193,000

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.

15 OAKFIELDS GROVE is a small terraced house of 94m², built sometime between 2003 and 2006, which could now be worth an estimated £232,005. It was last sold for £193,000 in March 2021, which was around 41% above the average March 2021 terraced price in the City of Derby local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

15 OAKFIELDS GROVE Sold Prices

Land registry data shows five sales for 15 OAKFIELDS GROVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the City of Derby local authority area for the corresponding sale date. All of the five 15 OAKFIELDS GROVE 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
2021 31 MAR	£193,000	£136,964	41% above HPI
2015 2 DEC	£152,000	£108,415	40% above HPI
2011 2 DEC	£120,000	£92,639	30% above HPI
2004 27 AUG	£155,000	£88,606	75% above HPI
2003 30 MAY	£136,500	£62,075	120% above HPI

15 OAKFIELDS GROVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the City of Derby local authority area over time, sourced from the HPI. The five 15 OAKFIELDS GROVE sales between May 2003 and March 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 2015 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the March 2021 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 15 OAKFIELDS GROVE be worth now?

15 OAKFIELDS GROVE might now be worth an estimated £232,005.

This is based on house price inflation of 20.2%, between March 2021 and June 2025, for terraced 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 20.2% inflationary increase is applied to the most recent sale price for 15 OAKFIELDS GROVE of £193,000 on 31st March 2021. For the value to have increased from £193,000 to £232,005 over the three years and nine months to June 2025, the following assumptions must hold true:

• The value of 15 OAKFIELDS GROVE has moved in line with the HPI for terraced houses in the City of Derby local authority area.
• The March 2021 sale price of £193,000 represented a fair market value for the property.
• The size, condition, and specification of 15 OAKFIELDS GROVE has not materially changed since March 2021.

How Large is 15 OAKFIELDS GROVE?

15 OAKFIELDS GROVE is 94m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 40% of terraced houses houses in Derby, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Derby, and where 15 OAKFIELDS GROVE lies on this distribution: 36% of terraced houses houses are smaller than 15 OAKFIELDS GROVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Derby.

15 OAKFIELDS GROVE: Plot and Title Map

15 OAKFIELDS GROVE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 15 OAKFIELDS GROVE, 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 15 OAKFIELDS GROVE). 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 15 OAKFIELDS GROVE?

15 OAKFIELDS GROVE is located in SPONDON, in the DE21 postcode district. The below map shows the position of No. 15 on OAKFIELDS GROVE.