2, THE COMMON, QUARNDON, DERBY, DE22 5JY - £1,150,000

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 THE COMMON is a very large extended detached house of 274m², built sometime before 1900. It was last sold for £1,150,000 in December 2021, which was around 289% above the average December 2021 detached price in the Amber Valley local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was C.

2 THE COMMON Sold Prices

Land registry data shows four sales for 2 THE COMMON since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the four 2 THE COMMON 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
2021 6 DEC	£1,150,000	£295,462	289% above HPI
2015 2 FEB	£700,000	£203,514	244% above HPI
2002 26 APR	£350,000	£101,619	244% above HPI
1997 30 APR	£181,000	£63,948	183% above HPI

2 THE COMMON Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The four 2 THE COMMON sales between April 1997 and December 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 February 2015 sale was for 244% above the HPI. So the extrapolation line tracks at 244% above the HPI over time, until the December 2021 sale, where it rises to 289% above the HPI. The line then continues to track at 289% above the HPI.

How Large is 2 THE COMMON?

2 THE COMMON is 274m², which includes two extensions, according to the EPC inspection conducted in February 2021. This puts it in the largest 20% of detached houses in Quarndon, based on EPC data. The below chart shows the distribution of detached houses by size in Quarndon, and where 2 THE COMMON lies on this distribution: 86% of detached houses are smaller than 2 THE COMMON, and 14% of houses are larger. Note that EPC data is not available for all properties in Quarndon.

2 THE COMMON: Plot and Title Map

2 THE COMMON sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 2 THE COMMON, 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 THE COMMON). 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 THE COMMON?

2 THE COMMON is located in QUARNDON, in the DE22 postcode district. The below map shows the position of No. 2 on THE COMMON.