278, STATION ROAD, MICKLEOVER, DERBY, DE3 9FE - £220,500

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 STATION ROAD is a very small semi-detached house of 60m², built sometime between 1950 and 1966, which could now be worth an estimated £234,073. It was last sold for £220,500 in October 2022, which was around 12% above the average October 2022 semi-detached price in the City of Derby local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

278 STATION ROAD Sold Prices

Land registry data shows three sales for 278 STATION ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the City of Derby local authority area for the corresponding sale date. All of the three 278 STATION 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
2022 28 OCT	£220,500	£196,753	12% above HPI
2008 30 JUL	£140,000	£129,404	8% above HPI
2006 30 NOV	£149,950	£128,500	17% above HPI

278 STATION ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the City of Derby local authority area over time, sourced from the HPI. The three 278 STATION ROAD sales between November 2006 and October 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 July 2008 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the October 2022 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 278 STATION ROAD be worth now?

278 STATION ROAD might now be worth an estimated £234,073.

This is based on house price inflation of 6.2%, between October 2022 and February 2025, for semi-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 6.2% inflationary increase is applied to the most recent sale price for 278 STATION ROAD of £220,500 on 28th October 2022. For the value to have increased from £220,500 to £234,073 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 278 STATION ROAD has moved in line with the HPI for semi-detached houses in the City of Derby local authority area.
• The October 2022 sale price of £220,500 represented a fair market value for the property.
• The size, condition, and specification of 278 STATION ROAD has not materially changed since October 2022.

How Large is 278 STATION ROAD?

278 STATION ROAD is 60m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of semi-detached houses houses in Derby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Derby, and where 278 STATION ROAD lies on this distribution: 5% of semi-detached houses houses are smaller than 278 STATION ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Derby.

278 STATION ROAD: Plot and Title Map

278 STATION ROAD sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 278 STATION 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 STATION 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 STATION ROAD?

278 STATION ROAD is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 278 on STATION ROAD.