4, OAKFIELDS GROVE, SPONDON, DERBY, DE21 7ST - £115,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 OAKFIELDS GROVE is a very small detached house of 56m², built sometime between 2003 and 2006, which could now be worth an estimated £193,798. It was last sold for £115,000 in October 2004, which was around 39% below the average October 2004 detached price in the City of Derby local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was A.

4 OAKFIELDS GROVE Sold Prices

Land registry data shows two sales for 4 OAKFIELDS GROVE 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 4 OAKFIELDS GROVE 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
2004 8 OCT	£115,000	£188,528	39% below HPI
2002 20 DEC	£73,300	£130,778	44% below HPI

4 OAKFIELDS GROVE 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 4 OAKFIELDS GROVE sales from December 2002 and October 2004 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 2002 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the October 2004 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 4 OAKFIELDS GROVE be worth now?

4 OAKFIELDS GROVE might now be worth an estimated £193,798.

This is based on house price inflation of 68.5%, between October 2004 and February 2025, 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 68.5% inflationary increase is applied to the most recent sale price for 4 OAKFIELDS GROVE of £115,000 on 8th October 2004. For the value to have increased from £115,000 to £193,798 over the 21 years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 OAKFIELDS GROVE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The October 2004 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 4 OAKFIELDS GROVE has not materially changed since October 2004.

How Large is 4 OAKFIELDS GROVE?

4 OAKFIELDS GROVE is 56m² according to the EPC inspection conducted in July 2023. 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 4 OAKFIELDS GROVE lies on this distribution: 3% of detached houses houses are smaller than 4 OAKFIELDS GROVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Derby.

4 OAKFIELDS GROVE: Plot and Title Map

4 OAKFIELDS GROVE sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 4 OAKFIELDS GROVE, 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 4 OAKFIELDS GROVE). 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 4 OAKFIELDS GROVE?

4 OAKFIELDS GROVE is located in SPONDON, in the DE21 postcode district. The below map shows the position of No. 4 on OAKFIELDS GROVE.