2, ROSEMARY DRIVE, ALVASTON, DERBY, DE24 0TA - £208,000

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 ROSEMARY DRIVE is a midsized detached house of 109m², built sometime between 1950 and 1966, which could now be worth an estimated £238,933. It was last sold for £208,000 in September 2021, which was around 25% below the average September 2021 detached price in the City of Derby local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

2 ROSEMARY DRIVE Sold Prices

Land registry data shows five sales for 2 ROSEMARY DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the five 2 ROSEMARY DRIVE sales were for below 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
2021 28 SEP	£208,000	£276,576	25% below HPI
2016 15 APR	£175,000	£216,815	19% below HPI
2013 30 AUG	£140,000	£195,106	28% below HPI
2002 1 NOV	£118,500	£127,516	7% below HPI
1997 2 MAY	£60,000	£64,774	7% below HPI

2 ROSEMARY 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 five 2 ROSEMARY DRIVE sales between May 1997 and September 2021 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 April 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 2 ROSEMARY DRIVE be worth now?

2 ROSEMARY DRIVE might now be worth an estimated £238,933.

This is based on house price inflation of 14.9%, between September 2021 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 14.9% inflationary increase is applied to the most recent sale price for 2 ROSEMARY DRIVE of £208,000 on 28th September 2021. For the value to have increased from £208,000 to £238,933 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 ROSEMARY DRIVE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The September 2021 sale price of £208,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ROSEMARY DRIVE has not materially changed since September 2021.

How Large is 2 ROSEMARY DRIVE?

2 ROSEMARY DRIVE is 109m² according to the EPC inspection conducted in March 2021. This puts it in the largest 50% 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 ROSEMARY DRIVE lies on this distribution: 51% of detached houses houses are smaller than 2 ROSEMARY DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 ROSEMARY DRIVE: Plot and Title Map

2 ROSEMARY DRIVE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 2 ROSEMARY 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 ROSEMARY 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 ROSEMARY DRIVE?

2 ROSEMARY DRIVE is located in ALVASTON, in the DE24 postcode district. The below map shows the position of No. 2 on ROSEMARY DRIVE.