233, DERBY ROAD, SANDIACRE, NOTTINGHAM, NG10 5HH - £230,000

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.

233 DERBY ROAD is a large detached house of 121m², built sometime between 1930 and 1949, which could now be worth an estimated £307,549. It was last sold for £230,000 in February 2018, which was around 4% below the average February 2018 detached price in the Erewash local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

233 DERBY ROAD Sold Prices

Land registry data shows four sales for 233 DERBY ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Most of the four 233 DERBY 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
2018 28 FEB	£230,000	£238,566	4% below HPI
2008 31 OCT	£190,000	£180,460	5% above HPI
2001 8 OCT	£119,950	£95,337	26% above HPI
1996 21 JUL	£82,000	£62,318	32% above HPI

233 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 four 233 DERBY ROAD sales between July 1996 and February 2018 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 October 2008 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2018 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 233 DERBY ROAD be worth now?

233 DERBY ROAD might now be worth an estimated £307,549.

This is based on house price inflation of 33.7%, between February 2018 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 33.7% inflationary increase is applied to the most recent sale price for 233 DERBY ROAD of £230,000 on 28th February 2018. For the value to have increased from £230,000 to £307,549 over the seven years to February 2025, the following assumptions must hold true:

• The value of 233 DERBY ROAD has moved in line with the HPI for detached houses in the Erewash local authority area.
• The February 2018 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 233 DERBY ROAD has not materially changed since February 2018.

How Large is 233 DERBY ROAD?

233 DERBY ROAD is 121m² according to the EPC inspection conducted in September 2017. 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 233 DERBY ROAD lies on this distribution: 73% of detached houses houses are smaller than 233 DERBY ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.

233 DERBY ROAD: Plot and Title Map

233 DERBY ROAD sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 233 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 233 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 233 DERBY ROAD?

233 DERBY ROAD is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 233 on DERBY ROAD.