3, PARK LEYS COURT, SPONDON, DERBY, DE21 7TS - £25,000

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 PARK LEYS COURT is a very small detached house of 51m², built sometime between 1983 and 1990, which could now be worth an estimated £92,223. It was last sold for £25,000 in September 2000, which was around 71% below the average September 2000 detached price in the City of Derby local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

3 PARK LEYS COURT Sold Prices

Land registry data shows two sales for 3 PARK LEYS COURT 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 PARK LEYS COURT 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
2000 13 SEP	£25,000	£86,125	71% below HPI
1998 12 JUN	£27,000	£68,065	60% below HPI

3 PARK LEYS COURT 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 PARK LEYS COURT sales from June 1998 and September 2000 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 June 1998 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the September 2000 sale, where it falls to 71% below the HPI. The line then continues to track at 71% below the HPI.

What might 3 PARK LEYS COURT be worth now?

3 PARK LEYS COURT might now be worth an estimated £92,223.

This is based on house price inflation of 268.9%, between September 2000 and February 2025, for detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 268.9% inflationary increase is applied to the most recent sale price for 3 PARK LEYS COURT of £25,000 on 13th September 2000. For the value to have increased from £25,000 to £92,223 over the 25 years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 PARK LEYS COURT has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The September 2000 sale price of £25,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PARK LEYS COURT has not materially changed since September 2000.

How Large is 3 PARK LEYS COURT?

3 PARK LEYS COURT is 51m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 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 PARK LEYS COURT lies on this distribution: 1% of detached houses houses are smaller than 3 PARK LEYS COURT, and 99% of houses are larger. Note that EPC data is not available for all properties in Derby.

3 PARK LEYS COURT: Plot and Title Map

3 PARK LEYS COURT sits on a plot of roughly 0.017 of an acre, or 69m². The below map shows the location of 3 PARK LEYS COURT, 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 PARK LEYS COURT). 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 PARK LEYS COURT?

3 PARK LEYS COURT is located in SPONDON, in the DE21 postcode district. The below map shows the position of No. 3 on PARK LEYS COURT.