338, BISHOPS DRIVE, OAKWOOD, DERBY, DE21 2DR - £280,000

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

338 BISHOPS DRIVE is a very small detached house of 62m², built sometime between 1983 and 1990. It was last sold for £280,000 in June 2023, which was around 8% below the average June 2023 detached price in the City of Derby local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

338 BISHOPS DRIVE Sold Prices

Land registry data shows five sales for 338 BISHOPS DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the five 338 BISHOPS DRIVE 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 16 JUN	£280,000	£304,234	8% below HPI
2015 12 OCT	£177,000	£215,471	18% below HPI
2012 23 AUG	£120,000	£186,149	36% below HPI
2006 8 JUN	£120,000	£194,797	38% below HPI
1997 1 AUG	£42,500	£67,495	37% below HPI

338 BISHOPS 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 five 338 BISHOPS DRIVE sales between August 1997 and June 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 October 2015 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2023 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 338 BISHOPS DRIVE?

338 BISHOPS DRIVE is 62m² according to the EPC inspection conducted in October 2022. 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 338 BISHOPS DRIVE lies on this distribution: 6% of detached houses are smaller than 338 BISHOPS DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Derby.

338 BISHOPS DRIVE: Plot and Title Map

338 BISHOPS DRIVE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 338 BISHOPS 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 338 BISHOPS 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 338 BISHOPS DRIVE?

338 BISHOPS DRIVE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 338 on BISHOPS DRIVE.