38, SPENBECK DRIVE, ALLESTREE, DERBY, DE22 2UH - £400,000

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

38 SPENBECK DRIVE is a large detached house of 139m², built sometime between 1983 and 1990. It was last sold for £400,000 in July 2022, which was around 33% above the average July 2022 detached price in the City of Derby local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

38 SPENBECK DRIVE Sold Prices

Land registry data shows two sales for 38 SPENBECK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Both of the two 38 SPENBECK 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
2022 29 JUL	£400,000	£300,077	33% above HPI
2013 20 JUN	£241,000	£191,768	26% above HPI

38 SPENBECK 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 two 38 SPENBECK DRIVE sales from June 2013 and July 2022 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 June 2013 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 2022 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 38 SPENBECK DRIVE?

38 SPENBECK DRIVE is 139m² according to the EPC inspection conducted in July 2022. This puts it in the largest 20% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 38 SPENBECK DRIVE lies on this distribution: 80% of detached houses are smaller than 38 SPENBECK DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Derby.

38 SPENBECK DRIVE: Plot and Title Map

38 SPENBECK DRIVE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 38 SPENBECK 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 38 SPENBECK 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 38 SPENBECK DRIVE?

38 SPENBECK DRIVE is located in ALLESTREE, in the DE22 postcode district. The below map shows the position of No. 38 on SPENBECK DRIVE.