31, WOOD ROAD, CHADDESDEN, DERBY, DE21 4LX - £230,000

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 WOOD ROAD is a very small detached house of 63m², built sometime from 2007 onwards. It was last sold for £230,000 in December 2023, which was around 24% below the average December 2023 detached price in the City of Derby local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

31 WOOD ROAD Sold Prices

Land registry data shows three sales for 31 WOOD ROAD 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 31 WOOD ROAD 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
2023 8 DEC	£230,000	£303,938	24% below HPI
2020 28 FEB	£155,000	£246,223	37% below HPI
2008 20 JUN	£132,000	£203,454	35% below HPI

31 WOOD ROAD 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 31 WOOD ROAD sales between June 2008 and December 2023 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 February 2020 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the December 2023 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 31 WOOD ROAD?

31 WOOD ROAD is 63m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% 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 WOOD ROAD lies on this distribution: 6% of detached houses are smaller than 31 WOOD ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Derby.

31 WOOD ROAD: Plot and Title Map

31 WOOD ROAD sits on a plot of roughly 0.059 of an acre, or 241m². The below map shows the location of 31 WOOD 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 31 WOOD 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 31 WOOD ROAD?

31 WOOD ROAD is located in CHADDESDEN, in the DE21 postcode district. The below map shows the position of No. 31 on WOOD ROAD.