2, OTHELLO DRIVE, CHELLASTON, DERBY, DE73 5AJ - £360,000

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 OTHELLO DRIVE is a very large extended detached house of 169m², built sometime between 2003 and 2006. It was last sold for £360,000 in December 2015, which was around 67% above the average December 2015 detached price in the City of Derby local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

2 OTHELLO DRIVE Sold Prices

Land registry data shows two sales for 2 OTHELLO 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 OTHELLO 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
2015 18 DEC	£360,000	£215,642	67% above HPI
2004 20 DEC	£300,000	£184,568	63% above HPI

2 OTHELLO 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 OTHELLO DRIVE sales from December 2004 and December 2015 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 December 2004 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the December 2015 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

How Large is 2 OTHELLO DRIVE?

2 OTHELLO DRIVE is 169m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 20% 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 OTHELLO DRIVE lies on this distribution: 90% of detached houses are smaller than 2 OTHELLO DRIVE, and 10% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 OTHELLO DRIVE: Plot and Title Map

2 OTHELLO DRIVE sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 2 OTHELLO 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 OTHELLO 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 OTHELLO DRIVE?

2 OTHELLO DRIVE is located in CHELLASTON, in the DE73 postcode district. The below map shows the position of No. 2 on OTHELLO DRIVE.