Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
23 SPRINGFIELD ROAD is a large extended detached house of 124m², built sometime between 1950 and 1966. It was last sold for £305,000 in October 2017, which was around 34% above the average October 2017 detached price in the City of Derby local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 23 SPRINGFIELD ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Most of the four 23 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 |
---|---|---|---|
2017 13 OCT | £305,000 | £228,033 | 34% above HPI |
2009 16 DEC | £262,900 | £187,221 | 40% above HPI |
2006 29 NOV | £262,000 | £199,895 | 31% above HPI |
2002 11 OCT | £82,500 | £124,072 | 34% below HPI |
The below graph shows the average detached house price in the City of Derby local authority area over time, sourced from the HPI. The four 23 SPRINGFIELD ROAD sales between October 2002 and October 2017 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 2009 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the October 2017 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.
23 SPRINGFIELD ROAD is 124m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 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 SPRINGFIELD ROAD lies on this distribution: 67% of detached houses are smaller than 23 SPRINGFIELD ROAD, and 32% of houses are larger. Note that EPC data is not available for all properties in Derby.
23 SPRINGFIELD ROAD sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 23 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 23 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.
23 SPRINGFIELD ROAD is located in CHELLASTON, in the DE73 postcode district. The below map shows the position of No. 23 on SPRINGFIELD ROAD.