2, BANKSIDE, DARLEY ABBEY, DERBY, DE22 2BZ - £449,000

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.

2 BANKSIDE is a very large extended detached house of 161m², built sometime between 1950 and 1966, which could now be worth an estimated £472,741. It was last sold for £449,000 in June 2024, which was around 49% above the average June 2024 detached price in the City of Derby local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

2 BANKSIDE Sold Prices

Land registry data shows four sales for 2 BANKSIDE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Most of the four 2 BANKSIDE 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
2024 3 JUN	£449,000	£301,753	49% above HPI
2013 12 SEP	£269,950	£192,677	40% above HPI
2005 25 AUG	£247,000	£190,392	30% above HPI
2003 13 JUN	£140,000	£141,667	1% below HPI

2 BANKSIDE 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 four 2 BANKSIDE sales between June 2003 and June 2024 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 2013 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the June 2024 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 2 BANKSIDE be worth now?

2 BANKSIDE might now be worth an estimated £472,741.

This is based on house price inflation of 5.3%, between June 2024 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 5.3% inflationary increase is applied to the most recent sale price for 2 BANKSIDE of £449,000 on 3rd June 2024. For the value to have increased from £449,000 to £472,741 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 2 BANKSIDE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The June 2024 sale price of £449,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BANKSIDE has not materially changed since June 2024.

How Large is 2 BANKSIDE?

2 BANKSIDE is 161m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the largest 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 2 BANKSIDE lies on this distribution: 88% of detached houses houses are smaller than 2 BANKSIDE, and 12% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 BANKSIDE: Plot and Title Map

2 BANKSIDE sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 2 BANKSIDE, 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 2 BANKSIDE). 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 2 BANKSIDE?

2 BANKSIDE is located in DARLEY ABBEY, in the DE22 postcode district. The below map shows the position of No. 2 on BANKSIDE.