278, DERBY ROAD, SANDIACRE, NOTTINGHAM, NG10 5HE - £461,000

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.

278 DERBY ROAD is a large extended detached house of 127m², built sometime between 1930 and 1949, which could now be worth an estimated £454,537. It was last sold for £461,000 in January 2025, which was around 42% above the average January 2025 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 three sales for 278 DERBY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the three 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
2025 10 JAN	£461,000	£323,539	42% above HPI
2019 4 JAN	£349,000	£253,413	38% above HPI
2006 15 DEC	£302,500	£188,228	61% 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 three 278 DERBY ROAD sales between December 2006 and January 2025 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 January 2019 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the January 2025 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 278 DERBY ROAD be worth now?

278 DERBY ROAD might now be worth an estimated £454,537.

This is based on house price deflation of 1.4%, between January 2025 and February 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.4% deflationary decrease is applied to the most recent sale price for 278 DERBY ROAD of £461,000 on 10th January 2025. For the value to have decreased from £461,000 to £454,537 over the eleven months to February 2025, the following assumptions must hold true:

• The value of 278 DERBY ROAD has moved in line with the HPI for detached houses in the Erewash local authority area.
• The January 2025 sale price of £461,000 represented a fair market value for the property.
• The size, condition, and specification of 278 DERBY ROAD has not materially changed since January 2025.

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 houses in Sandiacre, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sandiacre, and where 278 DERBY ROAD lies on this distribution: 77% of detached houses 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.