3, CHAPMAN AVENUE, ALVASTON, DERBY, DE24 0GN - £220,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 CHAPMAN AVENUE is a very small extended detached house of 77m², built sometime between 1930 and 1949. It was last sold for £220,000 in December 2020, which was around 16% below the average December 2020 detached price in the City of Derby local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

3 CHAPMAN AVENUE Sold Prices

Land registry data shows two sales for 3 CHAPMAN AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Both of the two 3 CHAPMAN AVENUE sales were 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
2020 17 DEC	£220,000	£262,839	16% below HPI
2005 7 NOV	£124,000	£188,216	34% below HPI

3 CHAPMAN AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Derby local authority area over time, sourced from the HPI. The two 3 CHAPMAN AVENUE sales from November 2005 and December 2020 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 November 2005 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 3 CHAPMAN AVENUE?

3 CHAPMAN AVENUE is 77m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 20% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 3 CHAPMAN AVENUE lies on this distribution: 17% of detached houses are smaller than 3 CHAPMAN AVENUE, and 82% of houses are larger. Note that EPC data is not available for all properties in Derby.

3 CHAPMAN AVENUE: Plot and Title Map

3 CHAPMAN AVENUE sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 3 CHAPMAN AVENUE, 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 CHAPMAN AVENUE). 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 CHAPMAN AVENUE?

3 CHAPMAN AVENUE is located in ALVASTON, in the DE24 postcode district. The below map shows the position of No. 3 on CHAPMAN AVENUE.