3, HOBSON DRIVE, SPONDON, DERBY, DE21 7TU - £345,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 HOBSON DRIVE is a very large extended detached house of 147m², built sometime between 1983 and 1990. It was last sold for £345,000 in April 2022, which was around 19% above the average April 2022 detached price in the City of Derby local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

3 HOBSON DRIVE Sold Prices

Land registry data shows two sales for 3 HOBSON 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 City of Derby local authority area for the corresponding sale date. Both of the two 3 HOBSON 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
2022 26 APR	£345,000	£289,434	19% above HPI
2006 28 APR	£275,000	£192,886	43% above HPI

3 HOBSON DRIVE 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 HOBSON DRIVE sales from April 2006 and April 2022 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 April 2006 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the April 2022 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 3 HOBSON DRIVE?

3 HOBSON DRIVE is 147m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the largest 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 HOBSON DRIVE lies on this distribution: 83% of detached houses are smaller than 3 HOBSON DRIVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Derby.

3 HOBSON DRIVE: Plot and Title Map

3 HOBSON DRIVE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 3 HOBSON 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 HOBSON 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 HOBSON DRIVE?

3 HOBSON DRIVE is located in SPONDON, in the DE21 postcode district. The below map shows the position of No. 3 on HOBSON DRIVE.