21, CASPIAN DRIVE, DERBY, DE24 1AG - £270,000

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

21 CASPIAN DRIVE is a small detached house of 80m², built sometime between 2007 and 2011, which could now be worth an estimated £282,405. It was last sold for £270,000 in August 2023, which was around 12% below the average August 2023 detached price in the City of Derby local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

21 CASPIAN DRIVE Sold Prices

Land registry data shows three sales for 21 CASPIAN 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 21 CASPIAN 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
2023 10 AUG	£270,000	£308,499	12% below HPI
2013 20 DEC	£164,000	£192,942	15% below HPI
2011 15 DEC	£155,000	£183,858	16% below HPI

21 CASPIAN 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 21 CASPIAN DRIVE sales between December 2011 and August 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 December 2013 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2023 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 21 CASPIAN DRIVE be worth now?

21 CASPIAN DRIVE might now be worth an estimated £282,405.

This is based on house price inflation of 4.6%, between August 2023 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 21 CASPIAN DRIVE of £270,000 on 10th August 2023. For the value to have increased from £270,000 to £282,405 over the eight months to December 2024, the following assumptions must hold true:

• The value of 21 CASPIAN DRIVE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The August 2023 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 21 CASPIAN DRIVE has not materially changed since August 2023.

How Large is 21 CASPIAN DRIVE?

21 CASPIAN DRIVE is 80m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 30% 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 21 CASPIAN DRIVE lies on this distribution: 20% of detached houses houses are smaller than 21 CASPIAN DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Derby.

21 CASPIAN DRIVE: Plot and Title Map

21 CASPIAN DRIVE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 21 CASPIAN 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 21 CASPIAN 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 21 CASPIAN DRIVE?

21 CASPIAN DRIVE is located in DERBY, in the DE24 postcode district. The below map shows the position of No. 21 on CASPIAN DRIVE.