18, HOBSON DRIVE, SPONDON, DERBY, DE21 7TU - £308,000

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

18 HOBSON DRIVE is a large detached house of 131m², built sometime between 2003 and 2006, which could now be worth an estimated £402,634. It was last sold for £308,000 in June 2020, which was around 25% above the average June 2020 detached price in the City of Derby local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

18 HOBSON DRIVE Sold Prices

Land registry data shows three sales for 18 HOBSON DRIVE 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 18 HOBSON DRIVE 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
2020 22 JUN	£308,000	£246,833	25% above HPI
2012 26 APR	£247,500	£180,882	37% above HPI
2005 16 DEC	£259,995	£188,681	38% above HPI

18 HOBSON 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 three 18 HOBSON DRIVE sales between December 2005 and June 2020 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 April 2012 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the June 2020 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 18 HOBSON DRIVE be worth now?

18 HOBSON DRIVE might now be worth an estimated £402,634.

This is based on house price inflation of 30.7%, between June 2020 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 30.7% inflationary increase is applied to the most recent sale price for 18 HOBSON DRIVE of £308,000 on 22nd June 2020. For the value to have increased from £308,000 to £402,634 over the three years and six months to December 2024, the following assumptions must hold true:

• The value of 18 HOBSON DRIVE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The June 2020 sale price of £308,000 represented a fair market value for the property.
• The size, condition, and specification of 18 HOBSON DRIVE has not materially changed since June 2020.

How Large is 18 HOBSON DRIVE?

18 HOBSON DRIVE is 131m² according to the EPC inspection conducted in November 2019. This puts it in the largest 30% 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 18 HOBSON DRIVE lies on this distribution: 74% of detached houses houses are smaller than 18 HOBSON DRIVE, and 25% of houses are larger. Note that EPC data is not available for all properties in Derby.

18 HOBSON DRIVE: Plot and Title Map

18 HOBSON DRIVE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 18 HOBSON 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 18 HOBSON 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 18 HOBSON DRIVE?

18 HOBSON DRIVE is located in SPONDON, in the DE21 postcode district. The below map shows the position of No. 18 on HOBSON DRIVE.