2, HERONSWOOD DRIVE, SPONDON, DERBY, DE21 7AX - £79,950

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

2 HERONSWOOD DRIVE is a small extended detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £260,817. It was last sold for £79,950 in November 2001, which was around 19% below the average November 2001 detached price in the City of Derby local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

2 HERONSWOOD DRIVE Sold Prices

Land registry data shows two sales for 2 HERONSWOOD 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 HERONSWOOD 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
2001 23 NOV	£79,950	£98,911	19% below HPI
1998 15 JUN	£57,250	£68,065	16% below HPI

2 HERONSWOOD 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 HERONSWOOD DRIVE sales from June 1998 and November 2001 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 June 1998 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2001 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 2 HERONSWOOD DRIVE be worth now?

2 HERONSWOOD DRIVE might now be worth an estimated £260,817.

This is based on house price inflation of 226.2%, between November 2001 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 226.2% inflationary increase is applied to the most recent sale price for 2 HERONSWOOD DRIVE of £79,950 on 23rd November 2001. For the value to have increased from £79,950 to £260,817 over the 22 years and eleven months to December 2024, the following assumptions must hold true:

• The value of 2 HERONSWOOD DRIVE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The November 2001 sale price of £79,950 represented a fair market value for the property.
• The size, condition, and specification of 2 HERONSWOOD DRIVE has not materially changed since November 2001.

How Large is 2 HERONSWOOD DRIVE?

2 HERONSWOOD DRIVE is 86m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 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 2 HERONSWOOD DRIVE lies on this distribution: 27% of detached houses houses are smaller than 2 HERONSWOOD DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 HERONSWOOD DRIVE: Plot and Title Map

2 HERONSWOOD DRIVE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 2 HERONSWOOD 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 HERONSWOOD 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 HERONSWOOD DRIVE?

2 HERONSWOOD DRIVE is located in SPONDON, in the DE21 postcode district. The below map shows the position of No. 2 on HERONSWOOD DRIVE.