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

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

3 CEDAR DRIVE is a large detached house of 112m², built sometime between 1967 and 1975. It was last sold for £380,000 in November 2024, which was around 24% 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	£306,851	24% above HPI
1995 7 JUL	£92,000	£59,696	54% 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 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the November 2024 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

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 in Ockbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Ockbrook, and where 3 CEDAR DRIVE lies on this distribution: 61% of detached 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.