2, PARK ROAD, SPONDON, DERBY, DE21 7LN - £383,150

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 PARK ROAD is a very large extended detached house of 201m², built sometime before 1900. It was last sold for £383,150 in November 2014, which was around 86% above the average November 2014 detached price in the City of Derby local authority area. The most recent EPC inspection was August 2012, where the current energy rating was E, and the potential energy rating was C.

2 PARK ROAD Sold Prices

Land registry data shows four sales for 2 PARK ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the four 2 PARK ROAD 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
2014 14 NOV	£383,150	£206,235	86% above HPI
2003 26 SEP	£235,000	£152,614	54% above HPI
2000 5 JAN	£130,000	£76,580	70% above HPI
1996 20 FEB	£91,000	£63,476	43% above HPI

2 PARK 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 four 2 PARK ROAD sales between February 1996 and November 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 September 2003 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the November 2014 sale, where it rises to 86% above the HPI. The line then continues to track at 86% above the HPI.

How Large is 2 PARK ROAD?

2 PARK ROAD is 201m², which includes three extensions, according to the EPC inspection conducted in August 2012. This puts it in the largest 10% 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 PARK ROAD lies on this distribution: 96% of detached houses are smaller than 2 PARK ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 PARK ROAD: Plot and Title Map

2 PARK ROAD sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 2 PARK 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 PARK 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 PARK ROAD?

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