3, ROYAL APPROACH, CHELLASTON, DERBY, DE73 5NR - £238,000

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 ROYAL APPROACH is a large extended detached house of 130m², built sometime between 1996 and 2002. It was last sold for £238,000 in November 2013, which was around 26% above the average November 2013 detached price in the City of Derby local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

3 ROYAL APPROACH Sold Prices

Land registry data shows three sales for 3 ROYAL APPROACH since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the three 3 ROYAL APPROACH 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
2013 1 NOV	£238,000	£189,494	26% above HPI
2006 7 APR	£210,000	£192,886	9% above HPI
2000 25 AUG	£118,250	£82,858	43% above HPI

3 ROYAL APPROACH 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 three 3 ROYAL APPROACH sales between August 2000 and November 2013 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 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the November 2013 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 3 ROYAL APPROACH?

3 ROYAL APPROACH is 130m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the largest 30% 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 ROYAL APPROACH lies on this distribution: 74% of detached houses are smaller than 3 ROYAL APPROACH, and 26% of houses are larger. Note that EPC data is not available for all properties in Derby.

3 ROYAL APPROACH: Plot and Title Map

3 ROYAL APPROACH sits on a plot of roughly 0.082 of an acre, or 334m². The below map shows the location of 3 ROYAL APPROACH, 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 ROYAL APPROACH). 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 ROYAL APPROACH?

3 ROYAL APPROACH is located in CHELLASTON, in the DE73 postcode district. The below map shows the position of No. 3 on ROYAL APPROACH.