4, OTHELLO DRIVE, CHELLASTON, DERBY, DE73 5AJ - £327,000

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

4 OTHELLO DRIVE is a very large extended detached house of 223m², built sometime between 2003 and 2006. It was last sold for £327,000 in July 2011, which was around 77% above the average July 2011 detached price in the City of Derby local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

4 OTHELLO DRIVE Sold Prices

Land registry data shows three sales for 4 OTHELLO DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the three 4 OTHELLO 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
2011 15 JUL	£327,000	£184,268	77% above HPI
2005 7 DEC	£310,000	£188,420	65% above HPI
2004 30 DEC	£295,000	£184,568	60% above HPI

4 OTHELLO 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 three 4 OTHELLO DRIVE sales between December 2004 and July 2011 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 2005 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the July 2011 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

How Large is 4 OTHELLO DRIVE?

4 OTHELLO DRIVE is 223m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 10% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 4 OTHELLO DRIVE lies on this distribution: 97% of detached houses are smaller than 4 OTHELLO DRIVE, and 2% of houses are larger. Note that EPC data is not available for all properties in Derby.

4 OTHELLO DRIVE: Plot and Title Map

4 OTHELLO DRIVE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 4 OTHELLO 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 4 OTHELLO 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 4 OTHELLO DRIVE?

4 OTHELLO DRIVE is located in CHELLASTON, in the DE73 postcode district. The below map shows the position of No. 4 on OTHELLO DRIVE.