2, VALLEY ROAD, CHADDESDEN, DERBY, DE21 6QT - £250,000

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 VALLEY ROAD is a very small detached house of 77m², built sometime between 1950 and 1966. It was last sold for £250,000 in February 2024, which was around 17% below the average February 2024 detached price in the City of Derby local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

2 VALLEY ROAD Sold Prices

Land registry data shows three sales for 2 VALLEY ROAD 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 VALLEY ROAD 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
2024 29 FEB	£250,000	£301,296	17% below HPI
1998 31 JUL	£64,950	£68,851	6% below HPI
1997 17 JUN	£43,000	£64,428	33% below HPI

2 VALLEY ROAD 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 VALLEY ROAD sales between June 1997 and February 2024 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 1998 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2024 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 2 VALLEY ROAD?

2 VALLEY ROAD is 77m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 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 VALLEY ROAD lies on this distribution: 17% of detached houses are smaller than 2 VALLEY ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 VALLEY ROAD: Plot and Title Map

2 VALLEY ROAD sits on a plot of roughly 0.131 of an acre, or 528m². The below map shows the location of 2 VALLEY ROAD, 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 VALLEY ROAD). 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 VALLEY ROAD?

2 VALLEY ROAD is located in CHADDESDEN, in the DE21 postcode district. The below map shows the position of No. 2 on VALLEY ROAD.