2, CHERTSEY ROAD, MICKLEOVER, DERBY, DE3 0RA - £179,950

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 CHERTSEY ROAD is a very small semi-detached house of 75m², built sometime between 1967 and 1975, which could now be worth an estimated £272,840. It was last sold for £179,950 in February 2016, which was around 31% above the average February 2016 semi-detached price in the City of Derby local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

2 CHERTSEY ROAD Sold Prices

Land registry data shows two sales for 2 CHERTSEY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the City of Derby local authority area for the corresponding sale date. Both of the two 2 CHERTSEY ROAD 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 5 FEB	£179,950	£137,755	31% above HPI
2006 18 AUG	£148,000	£125,905	18% above HPI

2 CHERTSEY ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the City of Derby local authority area over time, sourced from the HPI. The two 2 CHERTSEY ROAD sales from August 2006 and February 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 August 2006 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the February 2016 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 2 CHERTSEY ROAD be worth now?

2 CHERTSEY ROAD might now be worth an estimated £272,840.

This is based on house price inflation of 51.6%, between February 2016 and February 2025, for semi-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 51.6% inflationary increase is applied to the most recent sale price for 2 CHERTSEY ROAD of £179,950 on 5th February 2016. For the value to have increased from £179,950 to £272,840 over the nine years to February 2025, the following assumptions must hold true:

• The value of 2 CHERTSEY ROAD has moved in line with the HPI for semi-detached houses in the City of Derby local authority area.
• The February 2016 sale price of £179,950 represented a fair market value for the property.
• The size, condition, and specification of 2 CHERTSEY ROAD has not materially changed since February 2016.

How Large is 2 CHERTSEY ROAD?

2 CHERTSEY ROAD is 75m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 20% of semi-detached houses houses in Derby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Derby, and where 2 CHERTSEY ROAD lies on this distribution: 15% of semi-detached houses houses are smaller than 2 CHERTSEY ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 CHERTSEY ROAD: Plot and Title Map

2 CHERTSEY ROAD sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 2 CHERTSEY ROAD, 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 CHERTSEY ROAD). 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 CHERTSEY ROAD?

2 CHERTSEY ROAD is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 2 on CHERTSEY ROAD.