15, OAKRIDGE, CHADDESDEN, DERBY, DE21 4RB - £210,000

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 OAKRIDGE is a very small detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £270,595. It was last sold for £210,000 in February 2020, which was around 15% below the average February 2020 detached price in the City of Derby local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

15 OAKRIDGE Sold Prices

Land registry data shows two sales for 15 OAKRIDGE 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 15 OAKRIDGE 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
2020 28 FEB	£210,000	£246,563	15% below HPI
2017 21 DEC	£150,000	£231,390	35% below HPI

15 OAKRIDGE 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 15 OAKRIDGE sales from December 2017 and February 2020 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 2017 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2020 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 15 OAKRIDGE be worth now?

15 OAKRIDGE might now be worth an estimated £270,595.

This is based on house price inflation of 28.9%, between February 2020 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 28.9% inflationary increase is applied to the most recent sale price for 15 OAKRIDGE of £210,000 on 28th February 2020. For the value to have increased from £210,000 to £270,595 over the five years to February 2025, the following assumptions must hold true:

• The value of 15 OAKRIDGE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The February 2020 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 15 OAKRIDGE has not materially changed since February 2020.

How Large is 15 OAKRIDGE?

15 OAKRIDGE is 72m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 20% 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 15 OAKRIDGE lies on this distribution: 13% of detached houses houses are smaller than 15 OAKRIDGE, and 87% of houses are larger. Note that EPC data is not available for all properties in Derby.

15 OAKRIDGE: Plot and Title Map

15 OAKRIDGE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 15 OAKRIDGE, 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 OAKRIDGE). 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 OAKRIDGE?

15 OAKRIDGE is located in CHADDESDEN, in the DE21 postcode district. The below map shows the position of No. 15 on OAKRIDGE.