16, CALDERMILL DRIVE, OAKWOOD, DERBY, DE21 2UB - £93,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 CALDERMILL DRIVE is a very small detached house of 43m², built sometime between 1991 and 1995, which could now be worth an estimated £149,914. It was last sold for £93,000 in November 2006, which was around 54% below the average November 2006 detached price in the City of Derby local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

16 CALDERMILL DRIVE Sold Prices

Land registry data shows two sales for 16 CALDERMILL 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 16 CALDERMILL 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
2006 17 NOV	£93,000	£200,172	54% below HPI
2003 11 AUG	£72,495	£148,531	51% below HPI

16 CALDERMILL 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 16 CALDERMILL DRIVE sales from August 2003 and November 2006 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 August 2003 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the November 2006 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

What might 16 CALDERMILL DRIVE be worth now?

16 CALDERMILL DRIVE might now be worth an estimated £149,914.

This is based on house price inflation of 61.2%, between November 2006 and December 2024, 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 61.2% inflationary increase is applied to the most recent sale price for 16 CALDERMILL DRIVE of £93,000 on 17th November 2006. For the value to have increased from £93,000 to £149,914 over the seventeen years and eleven months to December 2024, the following assumptions must hold true:

• The value of 16 CALDERMILL DRIVE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The November 2006 sale price of £93,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CALDERMILL DRIVE has not materially changed since November 2006.

How Large is 16 CALDERMILL DRIVE?

16 CALDERMILL DRIVE is 43m² according to the EPC inspection conducted in September 2022. 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 16 CALDERMILL DRIVE lies on this distribution: Less than 1% of detached houses houses are smaller than 16 CALDERMILL DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Derby.

16 CALDERMILL DRIVE: Plot and Title Map

16 CALDERMILL DRIVE sits on a plot of roughly 0.025 of an acre, or 100m². The below map shows the location of 16 CALDERMILL 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 16 CALDERMILL 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 16 CALDERMILL DRIVE?

16 CALDERMILL DRIVE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 16 on CALDERMILL DRIVE.