2, MARINA DRIVE, SPONDON, DERBY, DE21 7AF - £225,000

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 MARINA DRIVE is a large extended detached house of 130m², built sometime between 1950 and 1966, which could now be worth an estimated £395,782. It was last sold for £225,000 in September 2012, which was around 23% above the average September 2012 detached price in the City of Derby local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

2 MARINA DRIVE Sold Prices

Land registry data shows three sales for 2 MARINA DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the three 2 MARINA DRIVE 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
2012 14 SEP	£225,000	£183,438	23% above HPI
2007 23 JUL	£234,000	£209,404	12% above HPI
2004 27 OCT	£200,000	£188,528	6% above HPI

2 MARINA 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 three 2 MARINA DRIVE sales between October 2004 and September 2012 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 July 2007 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2012 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 2 MARINA DRIVE be worth now?

2 MARINA DRIVE might now be worth an estimated £395,782.

This is based on house price inflation of 75.9%, between September 2012 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 75.9% inflationary increase is applied to the most recent sale price for 2 MARINA DRIVE of £225,000 on 14th September 2012. For the value to have increased from £225,000 to £395,782 over the eleven years and nine months to December 2024, the following assumptions must hold true:

• The value of 2 MARINA DRIVE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The September 2012 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MARINA DRIVE has not materially changed since September 2012.

How Large is 2 MARINA DRIVE?

2 MARINA DRIVE is 130m², which includes two extensions, according to the EPC inspection conducted in June 2012. This puts it in the largest 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 MARINA DRIVE lies on this distribution: 73% of detached houses houses are smaller than 2 MARINA DRIVE, and 26% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 MARINA DRIVE: Plot and Title Map

2 MARINA DRIVE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 2 MARINA 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 MARINA 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 MARINA DRIVE?

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