2, CRESSBROOK WAY, OAKWOOD, DERBY, DE21 2RZ - £255,000

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 CRESSBROOK WAY is a midsized extended detached house of 100m², built sometime between 1991 and 1995. It was last sold for £255,000 in February 2022, which was around 9% below the average February 2022 detached price in the City of Derby local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

2 CRESSBROOK WAY Sold Prices

Land registry data shows four sales for 2 CRESSBROOK WAY 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 CRESSBROOK WAY 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 18 FEB	£255,000	£281,615	9% below HPI
2003 5 SEP	£157,000	£152,614	3% above HPI
1997 11 JUL	£68,000	£66,428	2% above HPI
1996 12 JAN	£73,450	£63,371	16% above HPI

2 CRESSBROOK WAY 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 CRESSBROOK WAY sales between January 1996 and February 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 September 2003 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2022 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 2 CRESSBROOK WAY?

2 CRESSBROOK WAY is 100m², which includes two extensions, according to the EPC inspection conducted in October 2021. This puts it in the smallest 50% 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 CRESSBROOK WAY lies on this distribution: 42% of detached houses are smaller than 2 CRESSBROOK WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 CRESSBROOK WAY: Plot and Title Map

2 CRESSBROOK WAY sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 2 CRESSBROOK WAY, 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 CRESSBROOK WAY). 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 CRESSBROOK WAY?

2 CRESSBROOK WAY is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 2 on CRESSBROOK WAY.