3, MEMORIAL ROAD, ALLESTREE, DERBY, DE22 2NN - £452,500

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 MEMORIAL ROAD is a very large extended detached house of 177m², built sometime between 1983 and 1990, which could now be worth an estimated £539,218. It was last sold for £452,500 in September 2021, which was around 61% above the average September 2021 detached price in the Amber Valley local authority area. The most recent EPC inspection was August 2014, where the current energy rating was B, and the potential energy rating was B.

3 MEMORIAL ROAD Sold Prices

Land registry data shows two sales for 3 MEMORIAL ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 3 MEMORIAL ROAD 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
2021 30 SEP	£452,500	£280,376	61% above HPI
2006 13 JUL	£321,000	£188,056	71% above HPI

3 MEMORIAL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The two 3 MEMORIAL ROAD sales from July 2006 and September 2021 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 2006 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the September 2021 sale, where it falls to 61% above the HPI. The line then continues to track at 61% above the HPI.

What might 3 MEMORIAL ROAD be worth now?

3 MEMORIAL ROAD might now be worth an estimated £539,218.

This is based on house price inflation of 19.2%, between September 2021 and June 2025, for detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.2% inflationary increase is applied to the most recent sale price for 3 MEMORIAL ROAD of £452,500 on 30th September 2021. For the value to have increased from £452,500 to £539,218 over the four years and three months to June 2025, the following assumptions must hold true:

• The value of 3 MEMORIAL ROAD has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The September 2021 sale price of £452,500 represented a fair market value for the property.
• The size, condition, and specification of 3 MEMORIAL ROAD has not materially changed since September 2021.

How Large is 3 MEMORIAL ROAD?

3 MEMORIAL ROAD is 177m², which includes two extensions, according to the EPC inspection conducted in August 2014. This puts it in the largest 10% of detached houses houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 3 MEMORIAL ROAD lies on this distribution: 92% of detached houses houses are smaller than 3 MEMORIAL ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Derby.

3 MEMORIAL ROAD: Plot and Title Map

3 MEMORIAL ROAD sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 3 MEMORIAL ROAD, 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 MEMORIAL ROAD). 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 MEMORIAL ROAD?

3 MEMORIAL ROAD is located in ALLESTREE, in the DE22 postcode district. The below map shows the position of No. 3 on MEMORIAL ROAD.