2, PARKFIELDS DRIVE, DERBY, DE22 1HH - £370,000

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 PARKFIELDS DRIVE is a midsized semi-detached house of 105m², built sometime between 1900 and 1929, which could now be worth an estimated £404,100. It was last sold for £370,000 in June 2022, which was around 93% above the average June 2022 semi-detached price in the City of Derby local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

2 PARKFIELDS DRIVE Sold Prices

Land registry data shows two sales for 2 PARKFIELDS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the City of Derby local authority area for the corresponding sale date. Both of the two 2 PARKFIELDS 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
2022 20 JUN	£370,000	£191,239	93% above HPI
2015 8 JAN	£235,000	£130,491	80% above HPI

2 PARKFIELDS DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the City of Derby local authority area over time, sourced from the HPI. The two 2 PARKFIELDS DRIVE sales from January 2015 and June 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 January 2015 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the June 2022 sale, where it rises to 93% above the HPI. The line then continues to track at 93% above the HPI.

What might 2 PARKFIELDS DRIVE be worth now?

2 PARKFIELDS DRIVE might now be worth an estimated £404,100.

This is based on house price inflation of 9.2%, between June 2022 and February 2025, for semi-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 9.2% inflationary increase is applied to the most recent sale price for 2 PARKFIELDS DRIVE of £370,000 on 20th June 2022. For the value to have increased from £370,000 to £404,100 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 2 PARKFIELDS DRIVE has moved in line with the HPI for semi-detached houses in the City of Derby local authority area.
• The June 2022 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PARKFIELDS DRIVE has not materially changed since June 2022.

How Large is 2 PARKFIELDS DRIVE?

2 PARKFIELDS DRIVE is 105m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% of semi-detached houses houses in Derby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Derby, and where 2 PARKFIELDS DRIVE lies on this distribution: 47% of semi-detached houses houses are smaller than 2 PARKFIELDS DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 PARKFIELDS DRIVE: Plot and Title Map

2 PARKFIELDS DRIVE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 2 PARKFIELDS 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 PARKFIELDS 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 PARKFIELDS DRIVE?

2 PARKFIELDS DRIVE is located in DERBY, in the DE22 postcode district. The below map shows the position of No. 2 on PARKFIELDS DRIVE.