Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources
25 SPRINGWOOD DRIVE is a midsized detached house of 107m², built sometime between 1991 and 1995. It was last sold for £330,000 in July 2023, which was around 8% above the average July 2023 detached price in the City of Derby local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 25 SPRINGWOOD DRIVE since 1st 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 25 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 |
---|---|---|---|
2023 28 JUL | £330,000 | £304,948 | ![]() 8% above HPI |
2010 17 NOV | £242,500 | £186,330 | ![]() 30% above 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 two 25 SPRINGWOOD DRIVE sales from November 2010 and July 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 2010 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the July 2023 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.
25 SPRINGWOOD DRIVE is 107m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 50% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 25 SPRINGWOOD DRIVE lies on this distribution: 49% of detached houses are smaller than 25 SPRINGWOOD DRIVE, and 50% of houses are larger. Note that EPC data is not available for all properties in Derby.
25 SPRINGWOOD DRIVE sits on a plot of roughly 0.156 of an acre, or 631m². The below map shows the location of 25 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 25 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.
25 SPRINGWOOD DRIVE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 25 on SPRINGWOOD DRIVE.