3, CEDAR DRIVE, OCKBROOK, DERBY, DE72 3SJ - £380,000

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.

3 CEDAR DRIVE is a large detached house of 112m², built sometime between 1967 and 1975, which could now be worth an estimated £378,220. It was last sold for £380,000 in November 2024, which was around 19% above the average November 2024 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 B.

3 CEDAR DRIVE Sold Prices

Land registry data shows two sales for 3 CEDAR DRIVE 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 3 CEDAR DRIVE 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
2024 18 NOV	£380,000	£320,504	19% above HPI
1995 7 JUL	£92,000	£61,544	49% above HPI

3 CEDAR DRIVE 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 3 CEDAR DRIVE sales from July 1995 and November 2024 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 1995 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the November 2024 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 3 CEDAR DRIVE be worth now?

3 CEDAR DRIVE might now be worth an estimated £378,220.

This is based on house price deflation of 0.5%, between November 2024 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 0.5% deflationary decrease is applied to the most recent sale price for 3 CEDAR DRIVE of £380,000 on 18th November 2024. For the value to have decreased from £380,000 to £378,220 over the one year and nine months to February 2025, the following assumptions must hold true:

• The value of 3 CEDAR DRIVE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The November 2024 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CEDAR DRIVE has not materially changed since November 2024.

How Large is 3 CEDAR DRIVE?

3 CEDAR DRIVE is 112m² according to the EPC inspection conducted in August 2024. This puts it in the largest 40% of detached houses houses in Ockbrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ockbrook, and where 3 CEDAR DRIVE lies on this distribution: 61% of detached houses houses are smaller than 3 CEDAR DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Ockbrook.

3 CEDAR DRIVE: Plot and Title Map

3 CEDAR DRIVE sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 3 CEDAR DRIVE, 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 3 CEDAR DRIVE). 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 3 CEDAR DRIVE?

3 CEDAR DRIVE is located in OCKBROOK, in the DE72 postcode district. The below map shows the position of No. 3 on CEDAR DRIVE.