229, DERBY ROAD, SANDIACRE, NOTTINGHAM, NG10 5HH - £350,000

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.

229 DERBY ROAD is a large extended detached house of 130m², built sometime between 1967 and 1975, which could now be worth an estimated £342,048. It was last sold for £350,000 in August 2023, which was around 7% above the average August 2023 detached price in the Erewash local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.

229 DERBY ROAD Sold Prices

Land registry data shows two sales for 229 DERBY 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 Erewash local authority area for the corresponding sale date. One of the two 229 DERBY ROAD sales was for above the average price, whilst the other was 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 17 AUG	£350,000	£326,419	7% above HPI
2012 27 JUN	£152,000	£172,530	12% below HPI

229 DERBY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 229 DERBY ROAD sales from June 2012 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 June 2012 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2023 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 229 DERBY ROAD be worth now?

229 DERBY ROAD might now be worth an estimated £342,048.

This is based on house price deflation of 2.3%, between August 2023 and February 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.3% deflationary decrease is applied to the most recent sale price for 229 DERBY ROAD of £350,000 on 17th August 2023. For the value to have decreased from £350,000 to £342,048 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 229 DERBY ROAD has moved in line with the HPI for detached houses in the Erewash local authority area.
• The August 2023 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 229 DERBY ROAD has not materially changed since August 2023.

How Large is 229 DERBY ROAD?

229 DERBY ROAD is 130m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 30% of detached houses houses in Sandiacre, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sandiacre, and where 229 DERBY ROAD lies on this distribution: 78% of detached houses houses are smaller than 229 DERBY ROAD, and 21% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.

229 DERBY ROAD: Plot and Title Map

229 DERBY ROAD sits on a plot of roughly 0.238 of an acre, or 965m². The below map shows the location of 229 DERBY 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 229 DERBY 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 229 DERBY ROAD?

229 DERBY ROAD is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 229 on DERBY ROAD.