2, WOODCHESTER DRIVE, ALVASTON, DERBY, DE24 0TN - £125,000

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 WOODCHESTER DRIVE is a very small detached house of 47m², built sometime between 1976 and 1982. It was last sold for £125,000 in May 2012, which was around 31% below the average May 2012 detached price in the City of Derby local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

2 WOODCHESTER DRIVE Sold Prices

Land registry data shows three sales for 2 WOODCHESTER DRIVE 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 WOODCHESTER DRIVE 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
2012 25 MAY	£125,000	£181,043	31% below HPI
2003 5 SEP	£105,000	£152,614	31% below HPI
1999 7 SEP	£49,000	£75,861	35% below HPI

2 WOODCHESTER DRIVE 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 WOODCHESTER DRIVE sales between September 1999 and May 2012 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 September 2003 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2012 sale, which was also at 31% below the HPI.

How Large is 2 WOODCHESTER DRIVE?

2 WOODCHESTER DRIVE is 47m² according to the EPC inspection conducted in June 2022. 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 WOODCHESTER DRIVE lies on this distribution: Less than 1% of detached houses are smaller than 2 WOODCHESTER DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 WOODCHESTER DRIVE: Plot and Title Map

2 WOODCHESTER DRIVE sits on a plot of roughly 0.076 of an acre, or 310m². The below map shows the location of 2 WOODCHESTER 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 WOODCHESTER 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.

Where is 2 WOODCHESTER DRIVE?

2 WOODCHESTER DRIVE is located in ALVASTON, in the DE24 postcode district. The below map shows the position of No. 2 on WOODCHESTER DRIVE.