26, THE PINGLE, SPONDON, DERBY, DE21 7RD - £223,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

26 THE PINGLE is a very small extended detached house of 74m², built sometime between 1967 and 1975. It was last sold for £223,000 in March 2022, which was around 22% below the average March 2022 detached price in the City of Derby local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

26 THE PINGLE Sold Prices

Land registry data shows two sales for 26 THE PINGLE since 1^st 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 26 THE PINGLE 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
2022 2 MAR	£223,000	£285,813	22% below HPI
2015 11 MAR	£143,000	£202,251	29% below HPI

26 THE PINGLE 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 two 26 THE PINGLE sales from March 2015 and March 2022 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 March 2015 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 26 THE PINGLE?

26 THE PINGLE is 74m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 26 THE PINGLE lies on this distribution: 14% of detached houses are smaller than 26 THE PINGLE, and 85% of houses are larger. Note that EPC data is not available for all properties in Derby.

26 THE PINGLE: Plot and Title Map

26 THE PINGLE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 26 THE PINGLE, 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 THE PINGLE). 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 THE PINGLE?

26 THE PINGLE is located in SPONDON, in the DE21 postcode district. The below map shows the position of No. 26 on THE PINGLE.