24, SPRINGWOOD DRIVE, OAKWOOD, DERBY, DE21 2HE - £240,000

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

24 SPRINGWOOD DRIVE is a large extended detached house of 138m², built sometime between 1983 and 1990. It was last sold for £240,000 in March 2012, which was around 33% above the average March 2012 detached price in the City of Derby local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

24 SPRINGWOOD DRIVE Sold Prices

Land registry data shows three sales for 24 SPRINGWOOD DRIVE 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 24 SPRINGWOOD DRIVE 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
2012 30 MAR	£240,000	£180,007	33% above HPI
2000 25 FEB	£127,000	£78,142	63% above HPI
1996 17 MAY	£90,000	£62,867	43% above HPI

24 SPRINGWOOD DRIVE 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 24 SPRINGWOOD DRIVE sales between May 1996 and March 2012 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 February 2000 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the March 2012 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 24 SPRINGWOOD DRIVE?

24 SPRINGWOOD DRIVE is 138m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the largest 30% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 24 SPRINGWOOD DRIVE lies on this distribution: 79% of detached houses are smaller than 24 SPRINGWOOD DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Derby.

24 SPRINGWOOD DRIVE: Plot and Title Map

24 SPRINGWOOD DRIVE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 24 SPRINGWOOD 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 SPRINGWOOD 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 SPRINGWOOD DRIVE?

24 SPRINGWOOD DRIVE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 24 on SPRINGWOOD DRIVE.