31, HOBSON DRIVE, SPONDON, DERBY, DE21 7TU - £360,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

31 HOBSON DRIVE is a very large extended detached house of 147m², built sometime between 1991 and 1995, which could now be worth an estimated £421,709. It was last sold for £360,000 in August 2021, which was around 31% above the average August 2021 detached price in the City of Derby local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was C.

31 HOBSON DRIVE Sold Prices

Land registry data shows two sales for 31 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 31 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
2021 20 AUG	£360,000	£275,456	31% above HPI
2008 17 SEP	£203,500	£194,807	4% above HPI

31 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 31 HOBSON DRIVE sales from September 2008 and August 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 September 2008 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the August 2021 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 31 HOBSON DRIVE be worth now?

31 HOBSON DRIVE might now be worth an estimated £421,709.

This is based on house price inflation of 17.1%, between August 2021 and December 2024, 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 17.1% inflationary increase is applied to the most recent sale price for 31 HOBSON DRIVE of £360,000 on 20th August 2021. For the value to have increased from £360,000 to £421,709 over the two years and eight months to December 2024, the following assumptions must hold true:

• The value of 31 HOBSON DRIVE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The August 2021 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 31 HOBSON DRIVE has not materially changed since August 2021.

How Large is 31 HOBSON DRIVE?

31 HOBSON DRIVE is 147m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the largest 20% 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 31 HOBSON DRIVE lies on this distribution: 83% of detached houses houses are smaller than 31 HOBSON DRIVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Derby.

31 HOBSON DRIVE: Plot and Title Map

31 HOBSON DRIVE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 31 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 31 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 31 HOBSON DRIVE?

31 HOBSON DRIVE is located in SPONDON, in the DE21 postcode district. The below map shows the position of No. 31 on HOBSON DRIVE.