296, DERBY ROAD, NOTTINGHAM, NG7 1QF - £240,000

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.

296 DERBY ROAD is a very large extended detached house of 169m², built sometime between 1930 and 1949, which could now be worth an estimated £428,648. It was last sold for £240,000 in April 2007, which was around 32% above the average April 2007 detached price in the City of Nottingham local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

296 DERBY ROAD Sold Prices

Land registry data shows three sales for 296 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 City of Nottingham local authority area for the corresponding sale date. Two of the three 296 DERBY ROAD sales were for above the average price, whilst one was 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
2007 23 APR	£240,000	£181,391	32% above HPI
2004 24 SEP	£101,092	£180,173	44% below HPI
1999 17 SEP	£107,000	£79,436	35% above HPI

296 DERBY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The three 296 DERBY ROAD sales between September 1999 and April 2007 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 September 2004 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the April 2007 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 296 DERBY ROAD be worth now?

296 DERBY ROAD might now be worth an estimated £428,648.

This is based on house price inflation of 78.6%, between April 2007 and February 2025, for detached houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 78.6% inflationary increase is applied to the most recent sale price for 296 DERBY ROAD of £240,000 on 23rd April 2007. For the value to have increased from £240,000 to £428,648 over the eighteen years and two months to February 2025, the following assumptions must hold true:

• The value of 296 DERBY ROAD has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The April 2007 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 296 DERBY ROAD has not materially changed since April 2007.

How Large is 296 DERBY ROAD?

296 DERBY ROAD is 169m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the largest 20% of detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nottingham, and where 296 DERBY ROAD lies on this distribution: 89% of detached houses houses are smaller than 296 DERBY ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

296 DERBY ROAD: Plot and Title Map

296 DERBY ROAD sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of 296 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 296 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 296 DERBY ROAD?

296 DERBY ROAD is located in NOTTINGHAM, in the NG7 postcode district. The below map shows the position of No. 296 on DERBY ROAD.