38, RICHARDSON WAY, DERBY, DE22 4NS - £225,200

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

38 RICHARDSON WAY is a very small semi-detached house of 77m², which could now be worth an estimated £265,364. It was last sold for £225,200 in December 2021, which was around 23% above the average December 2021 semi-detached price in the Amber Valley local authority area. The most recent EPC inspection was July 2015, where the current energy rating was B, and the potential energy rating was A.

38 RICHARDSON WAY Sold Prices

Land registry data shows three sales for 38 RICHARDSON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Amber Valley local authority area for the corresponding sale date. All of the three 38 RICHARDSON WAY 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
2021 10 DEC	£225,200	£183,648	23% above HPI
2021 10 NOV	£220,000	£184,263	19% above HPI
2015 10 AUG	£192,950	£132,844	45% above HPI

38 RICHARDSON WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Amber Valley local authority area over time, sourced from the HPI. The three 38 RICHARDSON WAY sales between August 2015 and December 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 November 2021 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the December 2021 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 38 RICHARDSON WAY be worth now?

38 RICHARDSON WAY might now be worth an estimated £265,364.

This is based on house price inflation of 17.8%, between December 2021 and December 2024, for semi-detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.8% inflationary increase is applied to the most recent sale price for 38 RICHARDSON WAY of £225,200 on 10th December 2021. For the value to have increased from £225,200 to £265,364 over the three years to December 2024, the following assumptions must hold true:

• The value of 38 RICHARDSON WAY has moved in line with the HPI for semi-detached houses in the Amber Valley local authority area.
• The December 2021 sale price of £225,200 represented a fair market value for the property.
• The size, condition, and specification of 38 RICHARDSON WAY has not materially changed since December 2021.

How Large is 38 RICHARDSON WAY?

38 RICHARDSON WAY is 77m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% of semi-detached houses houses in Derby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Derby, and where 38 RICHARDSON WAY lies on this distribution: 17% of semi-detached houses houses are smaller than 38 RICHARDSON WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Derby.

38 RICHARDSON WAY: Plot and Title Map

38 RICHARDSON WAY sits on a plot of roughly 1.2 acres, or 4,996m². The below map shows the location of 38 RICHARDSON WAY, 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 38 RICHARDSON WAY). 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 38 RICHARDSON WAY?

38 RICHARDSON WAY is located in DERBY, in the DE22 postcode district. The below map shows the position of No. 38 on RICHARDSON WAY.