2, PINGLEHILL WAY, CHELLASTON, DERBY, DE73 6NB - £293,000

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 PINGLEHILL WAY is a large extended detached house of 127m², built sometime between 1996 and 2002. It was last sold for £293,000 in December 2016, which was around 30% above the average December 2016 detached price in the City of Derby local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

2 PINGLEHILL WAY Sold Prices

Land registry data shows two sales for 2 PINGLEHILL WAY 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 PINGLEHILL WAY 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
2016 19 DEC	£293,000	£226,175	30% above HPI
1999 17 DEC	£104,950	£75,821	38% above HPI

2 PINGLEHILL WAY 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 PINGLEHILL WAY sales from December 1999 and December 2016 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 1999 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the December 2016 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 2 PINGLEHILL WAY?

2 PINGLEHILL WAY is 127m², which includes two extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 30% 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 PINGLEHILL WAY lies on this distribution: 70% of detached houses are smaller than 2 PINGLEHILL WAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 PINGLEHILL WAY: Plot and Title Map

2 PINGLEHILL WAY sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 2 PINGLEHILL WAY, 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 PINGLEHILL WAY). 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 PINGLEHILL WAY?

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