17, SOUTH STREET, DRAYCOTT, DERBY, DE72 3PP - £525,000

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 SOUTH STREET is a large extended detached house of 151m², built sometime between 1967 and 1975, which could now be worth an estimated £561,601. It was last sold for £525,000 in January 2022, which was around 76% above the average January 2022 detached price in the Erewash local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

17 SOUTH STREET Sold Prices

Land registry data shows two sales for 17 SOUTH STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two 17 SOUTH STREET 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
2022 28 JAN	£525,000	£298,213	76% above HPI
2007 3 AUG	£249,999	£196,091	27% above HPI

17 SOUTH STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 17 SOUTH STREET sales from August 2007 and January 2022 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 2007 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the January 2022 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

What might 17 SOUTH STREET be worth now?

17 SOUTH STREET might now be worth an estimated £561,601.

This is based on house price inflation of 7%, between January 2022 and February 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7% inflationary increase is applied to the most recent sale price for 17 SOUTH STREET of £525,000 on 28th January 2022. For the value to have increased from £525,000 to £561,601 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of 17 SOUTH STREET has moved in line with the HPI for detached houses in the Erewash local authority area.
• The January 2022 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 17 SOUTH STREET has not materially changed since January 2022.

How Large is 17 SOUTH STREET?

17 SOUTH STREET is 151m², which includes two extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 30% of detached houses houses in Draycott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Draycott, and where 17 SOUTH STREET lies on this distribution: 77% of detached houses houses are smaller than 17 SOUTH STREET, and 23% of houses are larger. Note that EPC data is not available for all properties in Draycott.

17 SOUTH STREET: Plot and Title Map

17 SOUTH STREET sits on a plot of roughly 0.242 of an acre, or 980m². The below map shows the location of 17 SOUTH STREET, 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 SOUTH STREET). 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 SOUTH STREET?

17 SOUTH STREET is located in DRAYCOTT, in the DE72 postcode district. The below map shows the position of No. 17 on SOUTH STREET.