4, WEST BANK ROAD, ALLESTREE, DERBY, DE22 2FX - £248,000

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 WEST BANK ROAD is a small extended detached house of 95m², built sometime between 1930 and 1949. It was last sold for £248,000 in April 2014, which was around 26% above the average April 2014 detached price in the City of Derby local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was C.

4 WEST BANK ROAD Sold Prices

Land registry data shows two sales for 4 WEST BANK 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 4 WEST BANK ROAD 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
2014 17 APR	£248,000	£196,312	26% above HPI
2004 17 DEC	£245,000	£184,568	33% above HPI

4 WEST BANK 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 4 WEST BANK ROAD sales from December 2004 and April 2014 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 2004 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the April 2014 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 4 WEST BANK ROAD?

4 WEST BANK ROAD is 95m², which includes two extensions, according to the EPC inspection conducted in July 2015. This puts it in the smallest 40% 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 WEST BANK ROAD lies on this distribution: 37% of detached houses are smaller than 4 WEST BANK ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Derby.

4 WEST BANK ROAD: Plot and Title Map

4 WEST BANK ROAD sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 4 WEST BANK 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 4 WEST BANK 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 4 WEST BANK ROAD?

4 WEST BANK ROAD is located in ALLESTREE, in the DE22 postcode district. The below map shows the position of No. 4 on WEST BANK ROAD.