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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 VALLEY ROAD is a very small detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £261,508. It was last sold for £250,000 in February 2024, which was around 19% 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	£308,473	19% below HPI
1998 31 JUL	£64,950	£68,947	6% below HPI
1997 17 JUN	£43,000	£64,517	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 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 2 VALLEY ROAD be worth now?

2 VALLEY ROAD might now be worth an estimated £261,508.

This is based on house price inflation of 4.6%, between February 2024 and December 2024, for detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.6% inflationary increase is applied to the most recent sale price for 2 VALLEY ROAD of £250,000 on 29th February 2024. For the value to have increased from £250,000 to £261,508 over the two months to December 2024, the following assumptions must hold true:

• The value of 2 VALLEY ROAD has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The February 2024 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 2 VALLEY ROAD has not materially changed since February 2024.

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 houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 2 VALLEY ROAD lies on this distribution: 17% of detached houses 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 0.130 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.