24, DERWENT DRIVE, STENSON FIELDS, DERBY, DE24 3AQ - £225,000

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.

24 DERWENT DRIVE is a very small semi-detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £231,757. It was last sold for £225,000 in August 2023, which was around 1% above the average August 2023 semi-detached price in the South Derbyshire local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

24 DERWENT DRIVE Sold Prices

Land registry data shows two sales for 24 DERWENT DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Derbyshire local authority area for the corresponding sale date. One of the two 24 DERWENT DRIVE 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 25 AUG	£225,000	£222,905	1% above HPI
2007 30 NOV	£146,000	£153,023	5% below HPI

24 DERWENT DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The two 24 DERWENT DRIVE sales from November 2007 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 November 2007 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2023 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 24 DERWENT DRIVE be worth now?

24 DERWENT DRIVE might now be worth an estimated £231,757.

This is based on house price inflation of 3%, between August 2023 and February 2025, for semi-detached houses, in the South Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3% inflationary increase is applied to the most recent sale price for 24 DERWENT DRIVE of £225,000 on 25th August 2023. For the value to have increased from £225,000 to £231,757 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 24 DERWENT DRIVE has moved in line with the HPI for semi-detached houses in the South Derbyshire local authority area.
• The August 2023 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 24 DERWENT DRIVE has not materially changed since August 2023.

How Large is 24 DERWENT DRIVE?

24 DERWENT DRIVE is 78m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 20% of semi-detached houses houses in Derby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Derby, and where 24 DERWENT DRIVE lies on this distribution: 18% of semi-detached houses houses are smaller than 24 DERWENT DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Derby.

24 DERWENT DRIVE: Plot and Title Map

24 DERWENT DRIVE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 24 DERWENT DRIVE, 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 24 DERWENT DRIVE). 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 24 DERWENT DRIVE?

24 DERWENT DRIVE is located in STENSON FIELDS, in the DE24 postcode district. The below map shows the position of No. 24 on DERWENT DRIVE.