31, SPRINGWOOD DRIVE, OAKWOOD, DERBY, DE21 2HE - £115,000

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

31 SPRINGWOOD DRIVE is a midsized detached house of 98m², built sometime between 1991 and 1995. It was last sold for £115,000 in November 2001, which was around 16% above the average November 2001 detached price in the City of Derby local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

31 SPRINGWOOD DRIVE Sold Prices

Land registry data shows two sales for 31 SPRINGWOOD 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 SPRINGWOOD 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
2001 2 NOV	£115,000	£98,775	16% above HPI
1997 1 AUG	£74,000	£67,495	10% above HPI

31 SPRINGWOOD 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 SPRINGWOOD DRIVE sales from August 1997 and November 2001 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 August 1997 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the November 2001 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 31 SPRINGWOOD DRIVE?

31 SPRINGWOOD DRIVE is 98m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 50% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 31 SPRINGWOOD DRIVE lies on this distribution: 40% of detached houses are smaller than 31 SPRINGWOOD DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Derby.

31 SPRINGWOOD DRIVE: Plot and Title Map

31 SPRINGWOOD DRIVE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 31 SPRINGWOOD 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 SPRINGWOOD 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 SPRINGWOOD DRIVE?

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