38, SPINNEY ROAD, CHADDESDEN, DERBY, DE21 6HW - £189,950

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 SPINNEY ROAD is a very small extended detached house of 60m², built sometime between 1930 and 1949, which could now be worth an estimated £252,113. It was last sold for £189,950 in August 2018, which was around 22% below the average August 2018 detached price in the City of Derby local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was B.

38 SPINNEY ROAD Sold Prices

Land registry data shows two sales for 38 SPINNEY 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 City of Derby local authority area for the corresponding sale date. Both of the two 38 SPINNEY ROAD 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
2018 22 AUG	£189,950	£243,112	22% below HPI
2015 23 JAN	£125,000	£205,134	39% below HPI

38 SPINNEY ROAD 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 SPINNEY ROAD sales from January 2015 and August 2018 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 January 2015 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the August 2018 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 38 SPINNEY ROAD be worth now?

38 SPINNEY ROAD might now be worth an estimated £252,113.

This is based on house price inflation of 32.7%, between August 2018 and December 2024, for detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.7% inflationary increase is applied to the most recent sale price for 38 SPINNEY ROAD of £189,950 on 22nd August 2018. For the value to have increased from £189,950 to £252,113 over the five years and eight months to December 2024, the following assumptions must hold true:

• The value of 38 SPINNEY ROAD has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The August 2018 sale price of £189,950 represented a fair market value for the property.
• The size, condition, and specification of 38 SPINNEY ROAD has not materially changed since August 2018.

How Large is 38 SPINNEY ROAD?

38 SPINNEY ROAD is 60m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the smallest 10% of detached houses houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 38 SPINNEY ROAD lies on this distribution: 5% of detached houses houses are smaller than 38 SPINNEY ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Derby.

38 SPINNEY ROAD: Plot and Title Map

38 SPINNEY ROAD sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 38 SPINNEY 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 38 SPINNEY 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 38 SPINNEY ROAD?

38 SPINNEY ROAD is located in CHADDESDEN, in the DE21 postcode district. The below map shows the position of No. 38 on SPINNEY ROAD.