2, CHEDWORTH DRIVE, ALVASTON, DERBY, DE24 0TL - £217,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 CHEDWORTH DRIVE is a very small detached house of 54m², built sometime between 1983 and 1990. It was last sold for £217,000 in March 2021, which was around 18% below the average March 2021 detached price in the City of Derby local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

2 CHEDWORTH DRIVE Sold Prices

Land registry data shows two sales for 2 CHEDWORTH 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 2 CHEDWORTH 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
2021 5 MAR	£217,000	£264,962	18% below HPI
2015 26 JAN	£131,000	£204,850	36% below HPI

2 CHEDWORTH 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 2 CHEDWORTH DRIVE sales from January 2015 and March 2021 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 January 2015 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 2 CHEDWORTH DRIVE?

2 CHEDWORTH DRIVE is 54m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 2 CHEDWORTH DRIVE lies on this distribution: 2% of detached houses are smaller than 2 CHEDWORTH DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 CHEDWORTH DRIVE: Plot and Title Map

2 CHEDWORTH DRIVE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 2 CHEDWORTH 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 2 CHEDWORTH 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 2 CHEDWORTH DRIVE?

2 CHEDWORTH DRIVE is located in ALVASTON, in the DE24 postcode district. The below map shows the position of No. 2 on CHEDWORTH DRIVE.