2A, ELVASTON STREET, DRAYCOTT, DERBY, DE72 3PY - £245,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2A ELVASTON STREET is a midsized detached house of 99m², which could now be worth an estimated £326,348. It was last sold for £245,000 in October 2018, which was around 1% above the average October 2018 detached price in the Erewash local authority area. The most recent EPC inspection was August 2010, where the current energy rating was B, and the potential energy rating was B.

2A ELVASTON STREET Sold Prices

Land registry data shows two sales for 2A ELVASTON STREET 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. One of the two 2A ELVASTON STREET sales was for above the average price, whilst the other 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
2018 26 OCT	£245,000	£242,082	1% above HPI
2015 28 SEP	£165,000	£212,559	22% below HPI

2A ELVASTON STREET 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 2A ELVASTON STREET sales from September 2015 and October 2018 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 2015 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2018 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 2A ELVASTON STREET be worth now?

2A ELVASTON STREET might now be worth an estimated £326,348.

This is based on house price inflation of 33.2%, between October 2018 and December 2024, 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 33.2% inflationary increase is applied to the most recent sale price for 2A ELVASTON STREET of £245,000 on 26th October 2018. For the value to have increased from £245,000 to £326,348 over the five years and ten months to December 2024, the following assumptions must hold true:

• The value of 2A ELVASTON STREET has moved in line with the HPI for detached houses in the Erewash local authority area.
• The October 2018 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 2A ELVASTON STREET has not materially changed since October 2018.

How Large is 2A ELVASTON STREET?

2A ELVASTON STREET is 99m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 50% of detached houses houses in Draycott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Draycott, and where 2A ELVASTON STREET lies on this distribution: 43% of detached houses houses are smaller than 2A ELVASTON STREET, and 57% of houses are larger. Note that EPC data is not available for all properties in Draycott.

2A ELVASTON STREET: Plot and Title Map

2A ELVASTON STREET sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 2A ELVASTON STREET, 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 2A ELVASTON STREET). 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 2A ELVASTON STREET?

2A ELVASTON STREET is located in DRAYCOTT, in the DE72 postcode district. The below map shows the position of No. 2A on ELVASTON STREET.