2, QUEENSGATE DRIVE, CHELLASTON, DERBY, DE73 5NW - £435,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 QUEENSGATE DRIVE is a very large extended detached house of 176m², built sometime between 1991 and 1995, which could now be worth an estimated £640,514. It was last sold for £435,000 in October 2015, which was around 102% above the average October 2015 detached price in the City of Derby local authority area. The most recent EPC inspection was December 2016, where the current energy rating was E, and the potential energy rating was C.

2 QUEENSGATE DRIVE Sold Prices

Land registry data shows two sales for 2 QUEENSGATE DRIVE 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 QUEENSGATE 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
2015 2 OCT	£435,000	£215,769	102% above HPI
2000 29 SEP	£179,950	£86,125	109% above HPI

2 QUEENSGATE 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 two 2 QUEENSGATE DRIVE sales from September 2000 and October 2015 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 2000 sale was for 109% above the HPI. So the extrapolation line tracks at 109% above the HPI over time, until the October 2015 sale, where it falls to 102% above the HPI. The line then continues to track at 102% above the HPI.

What might 2 QUEENSGATE DRIVE be worth now?

2 QUEENSGATE DRIVE might now be worth an estimated £640,514.

This is based on house price inflation of 47.2%, between October 2015 and February 2025, 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 47.2% inflationary increase is applied to the most recent sale price for 2 QUEENSGATE DRIVE of £435,000 on 2nd October 2015. For the value to have increased from £435,000 to £640,514 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 QUEENSGATE DRIVE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The October 2015 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 2 QUEENSGATE DRIVE has not materially changed since October 2015.

How Large is 2 QUEENSGATE DRIVE?

2 QUEENSGATE DRIVE is 176m², which includes two extensions, according to the EPC inspection conducted in December 2016. 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 QUEENSGATE DRIVE lies on this distribution: 92% of detached houses houses are smaller than 2 QUEENSGATE DRIVE, and 8% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 QUEENSGATE DRIVE: Plot and Title Map

2 QUEENSGATE DRIVE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 2 QUEENSGATE 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 QUEENSGATE 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 QUEENSGATE DRIVE?

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