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
36 SPRINGWOOD DRIVE is a midsized extended detached house of 114m², built sometime between 1991 and 1995. It was last sold for £304,000 in November 2020, which was around 17% above the average November 2020 detached price in the City of Derby local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 36 SPRINGWOOD DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Most of the four 36 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 |
---|---|---|---|
2020 6 NOV | £304,000 | £259,463 | 17% above HPI |
2018 6 JUL | £258,000 | £240,716 | 7% above HPI |
2009 9 OCT | £179,000 | £187,711 | 5% below HPI |
1998 21 AUG | £79,500 | £70,507 | 13% above HPI |
The below graph shows the average detached house price in the City of Derby local authority area over time, sourced from the HPI. The four 36 SPRINGWOOD DRIVE sales between August 1998 and November 2020 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 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2020 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.
36 SPRINGWOOD DRIVE is 114m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 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 36 SPRINGWOOD DRIVE lies on this distribution: 57% of detached houses are smaller than 36 SPRINGWOOD DRIVE, and 42% of houses are larger. Note that EPC data is not available for all properties in Derby.
36 SPRINGWOOD DRIVE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 36 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 36 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.
36 SPRINGWOOD DRIVE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 36 on SPRINGWOOD DRIVE.