16, ROYAL PARK DRIVE, SHELTON LOCK, DERBY, DE24 9SH - £224,000

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.

16 ROYAL PARK DRIVE is a midsized detached house of 100m², which could now be worth an estimated £292,933. It was last sold for £224,000 in February 2019, which was around 8% below the average February 2019 detached price in the City of Derby local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.

16 ROYAL PARK DRIVE Sold Prices

Land registry data shows two sales for 16 ROYAL PARK 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 ROYAL PARK 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
2019 12 FEB	£224,000	£242,945	8% below HPI
2013 6 DEC	£185,000	£192,942	4% below HPI

16 ROYAL PARK 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 ROYAL PARK DRIVE sales from December 2013 and February 2019 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 2013 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2019 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 16 ROYAL PARK DRIVE be worth now?

16 ROYAL PARK DRIVE might now be worth an estimated £292,933.

This is based on house price inflation of 30.8%, between February 2019 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 30.8% inflationary increase is applied to the most recent sale price for 16 ROYAL PARK DRIVE of £224,000 on 12th February 2019. For the value to have increased from £224,000 to £292,933 over the six years to February 2025, the following assumptions must hold true:

• The value of 16 ROYAL PARK DRIVE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The February 2019 sale price of £224,000 represented a fair market value for the property.
• The size, condition, and specification of 16 ROYAL PARK DRIVE has not materially changed since February 2019.

How Large is 16 ROYAL PARK DRIVE?

16 ROYAL PARK DRIVE is 100m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 50% 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 ROYAL PARK DRIVE lies on this distribution: 42% of detached houses houses are smaller than 16 ROYAL PARK DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Derby.

16 ROYAL PARK DRIVE: Plot and Title Map

16 ROYAL PARK DRIVE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 16 ROYAL PARK 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 ROYAL PARK 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 ROYAL PARK DRIVE?

16 ROYAL PARK DRIVE is located in SHELTON LOCK, in the DE24 postcode district. The below map shows the position of No. 16 on ROYAL PARK DRIVE.