37, DERBY ROAD, DRAYCOTT, DERBY, DE72 3NJ - £235,000

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

37 DERBY ROAD is a very small extended detached house of 84m², built sometime between 1950 and 1966. It was last sold for £235,000 in April 2016, which was around 15% above the average April 2016 detached price in the Erewash local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

37 DERBY ROAD Sold Prices

Land registry data shows two sales for 37 DERBY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two 37 DERBY ROAD 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
2016 7 APR	£235,000	£204,936	15% above HPI
2011 15 DEC	£190,000	£169,789	12% above HPI

37 DERBY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 37 DERBY ROAD sales from December 2011 and April 2016 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 December 2011 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the April 2016 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 37 DERBY ROAD?

37 DERBY ROAD is 84m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of detached houses in Draycott, based on EPC data. The below chart shows the distribution of detached houses by size in Draycott, and where 37 DERBY ROAD lies on this distribution: 17% of detached houses are smaller than 37 DERBY ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Draycott.

37 DERBY ROAD: Plot and Title Map

37 DERBY ROAD sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 37 DERBY 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 37 DERBY 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 37 DERBY ROAD?

37 DERBY ROAD is located in DRAYCOTT, in the DE72 postcode district. The below map shows the position of No. 37 on DERBY ROAD.