Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
2 THE CRESCENT is a very small detached house of 58m², built sometime between 1930 and 1949. It was last sold for £185,000 in September 2023, which was around 40% below the average September 2023 detached price in the City of Derby local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 2 THE CRESCENT since 1st 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 THE CRESCENT 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 |
---|---|---|---|
2023 8 SEP | £185,000 | £310,350 | 40% below HPI |
2008 24 OCT | £115,000 | £186,364 | 38% below HPI |
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 THE CRESCENT sales from October 2008 and September 2023 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 October 2008 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2023 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.
2 THE CRESCENT is 58m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 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 THE CRESCENT lies on this distribution: 4% of detached houses are smaller than 2 THE CRESCENT, and 96% of houses are larger. Note that EPC data is not available for all properties in Derby.
2 THE CRESCENT sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 2 THE CRESCENT, 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 CRESCENT). 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.
2 THE CRESCENT is located in CHADDESDEN, in the DE21 postcode district. The below map shows the position of No. 2 on THE CRESCENT.