23, SPINNEY ROAD, CHADDESDEN, DERBY, DE21 6HW - £280,000

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 SPINNEY ROAD is a very small extended detached house of 62m², built sometime between 1930 and 1949. It was last sold for £280,000 in July 2022, which was around 7% below the average July 2022 detached price in the City of Derby local authority area. The most recent EPC inspection was November 2019, where the current energy rating was F, and the potential energy rating was B.

23 SPINNEY ROAD Sold Prices

Land registry data shows two sales for 23 SPINNEY 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 City of Derby local authority area for the corresponding sale date. Both of the two 23 SPINNEY ROAD 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
2022 29 JUL	£280,000	£300,077	7% below HPI
2021 25 JUN	£140,000	£269,965	48% below HPI

23 SPINNEY 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 two 23 SPINNEY ROAD sales from June 2021 and July 2022 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 2021 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the July 2022 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 23 SPINNEY ROAD?

23 SPINNEY ROAD is 62m², which includes one extension, according to the EPC inspection conducted in November 2019. 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 23 SPINNEY ROAD lies on this distribution: 6% of detached houses are smaller than 23 SPINNEY ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Derby.

23 SPINNEY ROAD: Plot and Title Map

23 SPINNEY ROAD sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 23 SPINNEY 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 23 SPINNEY 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 23 SPINNEY ROAD?

23 SPINNEY ROAD is located in CHADDESDEN, in the DE21 postcode district. The below map shows the position of No. 23 on SPINNEY ROAD.