2, MENIN ROAD, ALLESTREE, DERBY, DE22 2NL - £575,000

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 MENIN ROAD is a very large detached house of 257m², built sometime between 1950 and 1966, which could now be worth an estimated £607,943. It was last sold for £575,000 in July 2022, which was around 91% above the average July 2022 detached price in the City of Derby local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

2 MENIN ROAD Sold Prices

Land registry data shows two sales for 2 MENIN ROAD 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. One of the two 2 MENIN ROAD sales was for above the average price, whilst the other was 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
2022 5 JUL	£575,000	£300,492	91% above HPI
2020 26 JUN	£240,000	£246,833	3% below HPI

2 MENIN ROAD 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 MENIN ROAD sales from June 2020 and July 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 June 2020 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2022 sale, where it rises to 91% above the HPI. The line then continues to track at 91% above the HPI.

What might 2 MENIN ROAD be worth now?

2 MENIN ROAD might now be worth an estimated £607,943.

This is based on house price inflation of 5.7%, between July 2022 and February 2025, 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 5.7% inflationary increase is applied to the most recent sale price for 2 MENIN ROAD of £575,000 on 5th July 2022. For the value to have increased from £575,000 to £607,943 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 2 MENIN ROAD has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The July 2022 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MENIN ROAD has not materially changed since July 2022.

How Large is 2 MENIN ROAD?

2 MENIN ROAD is 257m² according to the EPC inspection conducted in August 2021. This puts it in the largest 10% 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 MENIN ROAD lies on this distribution: 99% of detached houses houses are smaller than 2 MENIN ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 MENIN ROAD: Plot and Title Map

2 MENIN ROAD sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 2 MENIN 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 MENIN 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 MENIN ROAD?

2 MENIN ROAD is located in ALLESTREE, in the DE22 postcode district. The below map shows the position of No. 2 on MENIN ROAD.