2, WOOD ROAD, CHADDESDEN, DERBY, DE21 4LU - £325,000

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 WOOD ROAD is a very large extended detached house of 204m², built sometime before 1900. It was last sold for £325,000 in August 2020, which was around 28% above the average August 2020 detached price in the City of Derby local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

2 WOOD ROAD Sold Prices

Land registry data shows two sales for 2 WOOD ROAD since 1^st 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 WOOD ROAD 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
2020 11 AUG	£325,000	£253,966	28% above HPI
2010 16 JUL	£190,000	£188,663	1% above HPI

2 WOOD 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 two 2 WOOD ROAD sales from July 2010 and August 2020 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 2010 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2020 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 2 WOOD ROAD?

2 WOOD ROAD is 204m², which includes two extensions, according to the EPC inspection conducted in June 2019. This puts it in the largest 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 WOOD ROAD lies on this distribution: 96% of detached houses are smaller than 2 WOOD ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 WOOD ROAD: Plot and Title Map

2 WOOD ROAD sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 2 WOOD 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 WOOD 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 WOOD ROAD?

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