16, HOPE AVENUE, MICKLEOVER, DERBY, DE3 0FZ - £277,500

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 HOPE AVENUE is a very small extended detached house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £290,449. It was last sold for £277,500 in November 2023, which was around 10% below the average November 2023 detached price in the City of Derby local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

16 HOPE AVENUE Sold Prices

Land registry data shows three sales for 16 HOPE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. One of the three 16 HOPE AVENUE sales was for below the average price, whilst two 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
2023 24 NOV	£277,500	£308,287	10% below HPI
2003 6 JAN	£155,000	£134,931	15% above HPI
2001 27 APR	£92,500	£86,935	6% above HPI

16 HOPE AVENUE 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 three 16 HOPE AVENUE sales between April 2001 and November 2023 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 January 2003 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the November 2023 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 16 HOPE AVENUE be worth now?

16 HOPE AVENUE might now be worth an estimated £290,449.

This is based on house price inflation of 4.7%, between November 2023 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 4.7% inflationary increase is applied to the most recent sale price for 16 HOPE AVENUE of £277,500 on 24th November 2023. For the value to have increased from £277,500 to £290,449 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 16 HOPE AVENUE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The November 2023 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 16 HOPE AVENUE has not materially changed since November 2023.

How Large is 16 HOPE AVENUE?

16 HOPE AVENUE is 78m², which includes two extensions, according to the EPC inspection conducted in January 2023. 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 16 HOPE AVENUE lies on this distribution: 18% of detached houses houses are smaller than 16 HOPE AVENUE, and 81% of houses are larger. Note that EPC data is not available for all properties in Derby.

16 HOPE AVENUE: Plot and Title Map

16 HOPE AVENUE sits on a plot of roughly 0.159 of an acre, or 645m². The below map shows the location of 16 HOPE AVENUE, 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 HOPE AVENUE). 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 HOPE AVENUE?

16 HOPE AVENUE is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 16 on HOPE AVENUE.