34, SPRINGWOOD DRIVE, OAKWOOD, DERBY, DE21 2HE - £270,000

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

34 SPRINGWOOD DRIVE is a small detached house of 95m², built sometime between 1991 and 1995. It was last sold for £270,000 in October 2021, which was around 3% below the average October 2021 detached price in the City of Derby local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

34 SPRINGWOOD DRIVE Sold Prices

Land registry data shows five sales for 34 SPRINGWOOD 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. Most of the five 34 SPRINGWOOD 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
2021 14 OCT	£270,000	£278,851	3% below HPI
2018 30 JUL	£229,000	£240,716	5% below HPI
2017 6 OCT	£185,000	£228,033	19% below HPI
2003 26 SEP	£154,500	£152,614	1% above HPI
1998 8 APR	£68,500	£67,439	2% above HPI

34 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 five 34 SPRINGWOOD DRIVE sales between April 1998 and October 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 July 2018 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2021 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 34 SPRINGWOOD DRIVE?

34 SPRINGWOOD DRIVE is 95m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 40% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 34 SPRINGWOOD DRIVE lies on this distribution: 37% of detached houses are smaller than 34 SPRINGWOOD DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Derby.

34 SPRINGWOOD DRIVE: Plot and Title Map

34 SPRINGWOOD DRIVE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 34 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 34 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 34 SPRINGWOOD DRIVE?

34 SPRINGWOOD DRIVE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 34 on SPRINGWOOD DRIVE.