17, DRUMMOND WAY, CHELLASTON, DERBY, DE73 5YE - £355,000

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.

17 DRUMMOND WAY is a very large extended detached house of 171m², built sometime between 2003 and 2006, which could now be worth an estimated £501,730. It was last sold for £355,000 in October 2016, which was around 58% above the average October 2016 detached price in the City of Derby local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

17 DRUMMOND WAY Sold Prices

Land registry data shows three sales for 17 DRUMMOND WAY 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. All of the three 17 DRUMMOND WAY 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
2016 14 OCT	£355,000	£224,795	58% above HPI
2014 19 SEP	£372,500	£207,962	79% above HPI
2005 22 JUN	£305,950	£186,491	64% above HPI

17 DRUMMOND WAY 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 17 DRUMMOND WAY sales between June 2005 and October 2016 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 September 2014 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the October 2016 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might 17 DRUMMOND WAY be worth now?

17 DRUMMOND WAY might now be worth an estimated £501,730.

This is based on house price inflation of 41.3%, between October 2016 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 41.3% inflationary increase is applied to the most recent sale price for 17 DRUMMOND WAY of £355,000 on 14th October 2016. For the value to have increased from £355,000 to £501,730 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 17 DRUMMOND WAY has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The October 2016 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 17 DRUMMOND WAY has not materially changed since October 2016.

How Large is 17 DRUMMOND WAY?

17 DRUMMOND WAY is 171m², which includes two extensions, according to the EPC inspection conducted in May 2014. 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 17 DRUMMOND WAY lies on this distribution: 90% of detached houses houses are smaller than 17 DRUMMOND WAY, and 9% of houses are larger. Note that EPC data is not available for all properties in Derby.

17 DRUMMOND WAY: Plot and Title Map

17 DRUMMOND WAY sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 17 DRUMMOND WAY, 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 17 DRUMMOND WAY). 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 17 DRUMMOND WAY?

17 DRUMMOND WAY is located in CHELLASTON, in the DE73 postcode district. The below map shows the position of No. 17 on DRUMMOND WAY.