2, PRIORY GARDENS, OAKWOOD, DERBY, DE21 4TG - £340,000

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 PRIORY GARDENS is a very large detached house of 163m², built sometime between 1991 and 1995, which could now be worth an estimated £584,830. It was last sold for £340,000 in October 2010, which was around 81% above the average October 2010 detached price in the City of Derby local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was D.

2 PRIORY GARDENS Sold Prices

Land registry data shows two sales for 2 PRIORY GARDENS 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 PRIORY GARDENS 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
2010 28 OCT	£340,000	£187,591	81% above HPI
1998 19 OCT	£165,950	£71,593	132% above HPI

2 PRIORY GARDENS 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 PRIORY GARDENS sales from October 1998 and October 2010 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 October 1998 sale was for 132% above the HPI. So the extrapolation line tracks at 132% above the HPI over time, until the October 2010 sale, where it falls to 81% above the HPI. The line then continues to track at 81% above the HPI.

What might 2 PRIORY GARDENS be worth now?

2 PRIORY GARDENS might now be worth an estimated £584,830.

This is based on house price inflation of 72%, between October 2010 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 72% inflationary increase is applied to the most recent sale price for 2 PRIORY GARDENS of £340,000 on 28th October 2010. For the value to have increased from £340,000 to £584,830 over the thirteen years and ten months to December 2024, the following assumptions must hold true:

• The value of 2 PRIORY GARDENS has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The October 2010 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PRIORY GARDENS has not materially changed since October 2010.

How Large is 2 PRIORY GARDENS?

2 PRIORY GARDENS is 163m² according to the EPC inspection conducted in October 2008. This puts it in the largest 20% 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 PRIORY GARDENS lies on this distribution: 88% of detached houses houses are smaller than 2 PRIORY GARDENS, and 12% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 PRIORY GARDENS: Plot and Title Map

2 PRIORY GARDENS sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 2 PRIORY GARDENS, 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 PRIORY GARDENS). 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 PRIORY GARDENS?

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