2, PADDOCK CROFT, OAKWOOD, DERBY, DE21 2NA - £170,000

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 PADDOCK CROFT is a small detached house of 88m², built sometime between 1983 and 1990, which could now be worth an estimated £261,425. It was last sold for £170,000 in August 2014, which was around 18% below the average August 2014 detached price in the City of Derby local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was D.

2 PADDOCK CROFT Sold Prices

Land registry data shows five sales for 2 PADDOCK CROFT since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Most of the five 2 PADDOCK CROFT 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
2014 29 AUG	£170,000	£206,600	18% below HPI
2008 12 DEC	£165,000	£179,892	8% below HPI
2003 13 FEB	£147,000	£135,973	8% above HPI
2000 25 FEB	£81,000	£78,251	4% above HPI
1997 10 JUL	£59,950	£66,520	10% below HPI

2 PADDOCK CROFT 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 five 2 PADDOCK CROFT sales between July 1997 and August 2014 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 2008 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2014 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 PADDOCK CROFT be worth now?

2 PADDOCK CROFT might now be worth an estimated £261,425.

This is based on house price inflation of 53.8%, between August 2014 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 53.8% inflationary increase is applied to the most recent sale price for 2 PADDOCK CROFT of £170,000 on 29th August 2014. For the value to have increased from £170,000 to £261,425 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 2 PADDOCK CROFT has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The August 2014 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PADDOCK CROFT has not materially changed since August 2014.

How Large is 2 PADDOCK CROFT?

2 PADDOCK CROFT is 88m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 40% 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 PADDOCK CROFT lies on this distribution: 30% of detached houses houses are smaller than 2 PADDOCK CROFT, and 70% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 PADDOCK CROFT: Plot and Title Map

2 PADDOCK CROFT sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 2 PADDOCK CROFT, 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 PADDOCK CROFT). 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 PADDOCK CROFT?

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