23, GRANGEOVER WAY, DERBY, DE22 3QD - £167,000

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

23 GRANGEOVER WAY is a small extended detached house of 97m², built sometime between 1996 and 2002. It was last sold for £167,000 in April 2014, which was around 15% below the average April 2014 detached price in the City of Derby local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

23 GRANGEOVER WAY Sold Prices

Land registry data shows three sales for 23 GRANGEOVER WAY 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 23 GRANGEOVER WAY 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
2014 4 APR	£167,000	£196,312	15% below HPI
2007 20 JUL	£185,000	£209,114	12% below HPI
2003 28 FEB	£125,995	£135,785	7% below HPI

23 GRANGEOVER WAY 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 23 GRANGEOVER WAY sales between February 2003 and April 2014 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 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2014 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 23 GRANGEOVER WAY?

23 GRANGEOVER WAY is 97m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 40% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 23 GRANGEOVER WAY lies on this distribution: 39% of detached houses are smaller than 23 GRANGEOVER WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Derby.

23 GRANGEOVER WAY: Plot and Title Map

23 GRANGEOVER WAY sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 23 GRANGEOVER WAY, 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 23 GRANGEOVER WAY). 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 23 GRANGEOVER WAY?

23 GRANGEOVER WAY is located in DERBY, in the DE22 postcode district. The below map shows the position of No. 23 on GRANGEOVER WAY.