2, ROYAL GROVE, OAKWOOD, DERBY, DE21 2XY - £299,950

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 ROYAL GROVE is a large detached house of 122m², built sometime between 1996 and 2002. It was last sold for £299,950 in October 2017, which was around 32% above the average October 2017 detached price in the City of Derby local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

2 ROYAL GROVE Sold Prices

Land registry data shows three sales for 2 ROYAL GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the three 2 ROYAL GROVE 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
2017 9 OCT	£299,950	£228,033	32% above HPI
2004 28 JUL	£239,950	£178,944	34% above HPI
1996 8 JUL	£92,995	£62,797	48% above HPI

2 ROYAL GROVE 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 three 2 ROYAL GROVE sales between July 1996 and October 2017 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 July 2004 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the October 2017 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 2 ROYAL GROVE?

2 ROYAL GROVE is 122m² according to the EPC inspection conducted in April 2014. This puts it in the largest 40% 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 ROYAL GROVE lies on this distribution: 66% of detached houses are smaller than 2 ROYAL GROVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 ROYAL GROVE: Plot and Title Map

2 ROYAL GROVE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 2 ROYAL GROVE, 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 ROYAL GROVE). 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 ROYAL GROVE?

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