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 THORPE DRIVE is a very large extended detached house of 144m², built sometime between 1950 and 1966. It was last sold for £433,600 in April 2023, which was around 41% above the average April 2023 detached price in the City of Derby local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 2 THORPE DRIVE 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 THORPE DRIVE 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 |
---|---|---|---|
2023 21 APR | £433,600 | £307,763 | 41% above HPI |
2013 12 NOV | £215,000 | £189,494 | 13% above 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 THORPE DRIVE sales from November 2013 and April 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 November 2013 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the April 2023 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.
2 THORPE DRIVE is 144m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 20% 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 THORPE DRIVE lies on this distribution: 82% of detached houses are smaller than 2 THORPE DRIVE, and 18% of houses are larger. Note that EPC data is not available for all properties in Derby.
2 THORPE DRIVE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 2 THORPE 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 THORPE 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.
2 THORPE DRIVE is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 2 on THORPE DRIVE.