2, SPINNEYBROOK WAY, MICKLEOVER, DERBY, DE3 0DQ - £425,000

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 SPINNEYBROOK WAY is a very large extended detached house of 170m², built sometime between 1996 and 2002. It was last sold for £425,000 in February 2018, which was around 81% above the average February 2018 detached price in the City of Derby local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

2 SPINNEYBROOK WAY Sold Prices

Land registry data shows four sales for 2 SPINNEYBROOK WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the four 2 SPINNEYBROOK 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
2018 19 FEB	£425,000	£234,608	81% above HPI
2009 18 DEC	£340,000	£187,221	82% above HPI
2003 3 JUL	£330,000	£144,789	128% above HPI
2001 18 OCT	£231,950	£97,637	138% above HPI

2 SPINNEYBROOK 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 four 2 SPINNEYBROOK WAY sales between October 2001 and February 2018 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 2009 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the February 2018 sale, where it falls to 81% above the HPI. The line then continues to track at 81% above the HPI.

How Large is 2 SPINNEYBROOK WAY?

2 SPINNEYBROOK WAY is 170m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 10% 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 SPINNEYBROOK WAY lies on this distribution: 90% of detached houses are smaller than 2 SPINNEYBROOK WAY, and 10% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 SPINNEYBROOK WAY: Plot and Title Map

2 SPINNEYBROOK WAY sits on a plot of roughly 0.162 of an acre, or 656m². The below map shows the location of 2 SPINNEYBROOK 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 SPINNEYBROOK 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 SPINNEYBROOK WAY?

2 SPINNEYBROOK WAY is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 2 on SPINNEYBROOK WAY.