21, SPRINGFIELD ROAD, CHELLASTON, DERBY, DE73 5SL - £282,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

21 SPRINGFIELD ROAD is a midsized extended detached house of 115m², built sometime between 1950 and 1966, which could now be worth an estimated £404,717. It was last sold for £282,000 in June 2016, which was around 27% above the average June 2016 detached price in the City of Derby local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

21 SPRINGFIELD ROAD Sold Prices

Land registry data shows three sales for 21 SPRINGFIELD 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 21 SPRINGFIELD 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
2016 6 JUN	£282,000	£221,464	27% above HPI
2003 15 AUG	£214,950	£148,531	45% above HPI
1996 29 NOV	£87,500	£64,224	36% above HPI

21 SPRINGFIELD 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 21 SPRINGFIELD ROAD sales between November 1996 and June 2016 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 August 2003 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the June 2016 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 21 SPRINGFIELD ROAD be worth now?

21 SPRINGFIELD ROAD might now be worth an estimated £404,717.

This is based on house price inflation of 43.5%, between June 2016 and June 2025, 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 43.5% inflationary increase is applied to the most recent sale price for 21 SPRINGFIELD ROAD of £282,000 on 6th June 2016. For the value to have increased from £282,000 to £404,717 over the nine years to June 2025, the following assumptions must hold true:

• The value of 21 SPRINGFIELD ROAD has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The June 2016 sale price of £282,000 represented a fair market value for the property.
• The size, condition, and specification of 21 SPRINGFIELD ROAD has not materially changed since June 2016.

How Large is 21 SPRINGFIELD ROAD?

21 SPRINGFIELD ROAD is 115m², which includes three extensions, according to the EPC inspection conducted in August 2015. This puts it in the largest 50% 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 SPRINGFIELD ROAD lies on this distribution: 58% of detached houses houses are smaller than 21 SPRINGFIELD ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Derby.

21 SPRINGFIELD ROAD: Plot and Title Map

21 SPRINGFIELD ROAD sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 21 SPRINGFIELD 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 21 SPRINGFIELD 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 21 SPRINGFIELD ROAD?

21 SPRINGFIELD ROAD is located in CHELLASTON, in the DE73 postcode district. The below map shows the position of No. 21 on SPRINGFIELD ROAD.