15, SPRINGWOOD DRIVE, OAKWOOD, DERBY, DE21 2HE - £549,090

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 SPRINGWOOD DRIVE is a very large detached house of 254m², built sometime between 1996 and 2002, which could now be worth an estimated £565,985. It was last sold for £549,090 in April 2024, which was around 78% above the average April 2024 detached price in the City of Derby local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was C.

15 SPRINGWOOD DRIVE Sold Prices

Land registry data shows four sales for 15 SPRINGWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the four 15 SPRINGWOOD DRIVE 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
2024 18 APR	£549,090	£308,224	78% above HPI
2019 27 JUN	£430,000	£244,207	76% above HPI
1998 3 AUG	£95,000	£70,605	35% above HPI
1995 5 MAY	£89,950	£63,194	42% above HPI

15 SPRINGWOOD 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 four 15 SPRINGWOOD DRIVE sales between May 1995 and April 2024 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 June 2019 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the April 2024 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.

What might 15 SPRINGWOOD DRIVE be worth now?

15 SPRINGWOOD DRIVE might now be worth an estimated £565,985.

This is based on house price inflation of 3.1%, between April 2024 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 3.1% inflationary increase is applied to the most recent sale price for 15 SPRINGWOOD DRIVE of £549,090 on 18th April 2024. For the value to have increased from £549,090 to £565,985 over the one year and two months to February 2025, the following assumptions must hold true:

• The value of 15 SPRINGWOOD DRIVE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The April 2024 sale price of £549,090 represented a fair market value for the property.
• The size, condition, and specification of 15 SPRINGWOOD DRIVE has not materially changed since April 2024.

How Large is 15 SPRINGWOOD DRIVE?

15 SPRINGWOOD DRIVE is 254m² according to the EPC inspection conducted in October 2018. This puts it in the largest 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 15 SPRINGWOOD DRIVE lies on this distribution: 99% of detached houses houses are smaller than 15 SPRINGWOOD DRIVE, and 1% of houses are larger. Note that EPC data is not available for all properties in Derby.

15 SPRINGWOOD DRIVE: Plot and Title Map

15 SPRINGWOOD DRIVE sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 15 SPRINGWOOD 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 15 SPRINGWOOD 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 15 SPRINGWOOD DRIVE?

15 SPRINGWOOD DRIVE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 15 on SPRINGWOOD DRIVE.