278, DERBY ROAD, SANDIACRE, NOTTINGHAM, NG10 5HE - £349,000

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

278 DERBY ROAD is a large extended detached house of 127m², built sometime between 1930 and 1949. It was last sold for £349,000 in January 2019, which was around 42% above the average January 2019 detached price in the Erewash local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was C.

278 DERBY ROAD Sold Prices

Land registry data shows two sales for 278 DERBY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two 278 DERBY ROAD 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
2019 4 JAN	£349,000	£245,803	42% above HPI
2006 15 DEC	£302,500	£182,575	66% above HPI

278 DERBY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 278 DERBY ROAD sales from December 2006 and January 2019 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 December 2006 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the January 2019 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 278 DERBY ROAD?

278 DERBY ROAD is 127m², which includes one extension, according to the EPC inspection conducted in August 2024. This puts it in the largest 30% of detached houses in Sandiacre, based on EPC data. The below chart shows the distribution of detached houses by size in Sandiacre, and where 278 DERBY ROAD lies on this distribution: 77% of detached houses are smaller than 278 DERBY ROAD, and 23% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.

278 DERBY ROAD: Plot and Title Map

278 DERBY ROAD sits on a plot of roughly 0.188 of an acre, or 760m². The below map shows the location of 278 DERBY ROAD, 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 278 DERBY ROAD). 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 278 DERBY ROAD?

278 DERBY ROAD is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 278 on DERBY ROAD.