26, RIDGEWAY, CHELLASTON, DERBY, DE73 6UJ - £120,000

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.

26 RIDGEWAY is a small detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £218,141. It was last sold for £120,000 in June 2009, which was around 31% below the average June 2009 detached price in the City of Derby local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

26 RIDGEWAY Sold Prices

Land registry data shows four sales for 26 RIDGEWAY since 1^st 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. All of the four 26 RIDGEWAY sales were 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
2009 26 JUN	£120,000	£174,772	31% below HPI
2006 11 OCT	£120,000	£198,147	39% below HPI
2004 17 DEC	£139,950	£184,824	24% below HPI
2004 26 APR	£112,000	£165,845	32% below HPI

26 RIDGEWAY 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 four 26 RIDGEWAY sales between April 2004 and June 2009 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 2006 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the June 2009 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 26 RIDGEWAY be worth now?

26 RIDGEWAY might now be worth an estimated £218,141.

This is based on house price inflation of 81.8%, between June 2009 and February 2025, for detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 81.8% inflationary increase is applied to the most recent sale price for 26 RIDGEWAY of £120,000 on 26th June 2009. For the value to have increased from £120,000 to £218,141 over the sixteen years and four months to February 2025, the following assumptions must hold true:

• The value of 26 RIDGEWAY has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The June 2009 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 26 RIDGEWAY has not materially changed since June 2009.

How Large is 26 RIDGEWAY?

26 RIDGEWAY is 84m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 30% of detached houses houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 26 RIDGEWAY lies on this distribution: 24% of detached houses houses are smaller than 26 RIDGEWAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Derby.

26 RIDGEWAY: Plot and Title Map

26 RIDGEWAY sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 26 RIDGEWAY, 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 26 RIDGEWAY). 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 26 RIDGEWAY?

26 RIDGEWAY is located in CHELLASTON, in the DE73 postcode district. The below map shows the position of No. 26 on RIDGEWAY.