2, PALLADIUM DRIVE, LITTLEOVER, DERBY, DE23 3XH - £550,000

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 PALLADIUM DRIVE is a very large detached house of 192m², built sometime between 1996 and 2002, which could now be worth an estimated £664,182. It was last sold for £550,000 in February 2021, which was around 106% above the average February 2021 detached price in the City of Derby local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

2 PALLADIUM DRIVE Sold Prices

Land registry data shows three sales for 2 PALLADIUM 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 PALLADIUM 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
2021 19 FEB	£550,000	£267,201	106% above HPI
1998 4 NOV	£163,995	£70,811	132% above HPI
1996 20 DEC	£161,995	£63,567	155% above HPI

2 PALLADIUM 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 PALLADIUM DRIVE sales between December 1996 and February 2021 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 November 1998 sale was for 132% above the HPI. So the extrapolation line tracks at 132% above the HPI over time, until the February 2021 sale, where it falls to 106% above the HPI. The line then continues to track at 106% above the HPI.

What might 2 PALLADIUM DRIVE be worth now?

2 PALLADIUM DRIVE might now be worth an estimated £664,182.

This is based on house price inflation of 20.8%, between February 2021 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 20.8% inflationary increase is applied to the most recent sale price for 2 PALLADIUM DRIVE of £550,000 on 19th February 2021. For the value to have increased from £550,000 to £664,182 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 2 PALLADIUM DRIVE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The February 2021 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PALLADIUM DRIVE has not materially changed since February 2021.

How Large is 2 PALLADIUM DRIVE?

2 PALLADIUM DRIVE is 192m² according to the EPC inspection conducted in August 2014. 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 PALLADIUM DRIVE lies on this distribution: 95% of detached houses houses are smaller than 2 PALLADIUM DRIVE, and 5% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 PALLADIUM DRIVE: Plot and Title Map

2 PALLADIUM DRIVE sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of 2 PALLADIUM 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 PALLADIUM 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 PALLADIUM DRIVE?

2 PALLADIUM DRIVE is located in LITTLEOVER, in the DE23 postcode district. The below map shows the position of No. 2 on PALLADIUM DRIVE.