40, CHESTNUT AVENUE, CHELLASTON, DERBY, DE73 6RW - £235,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

40 CHESTNUT AVENUE is a very small detached house of 58m², built sometime between 1967 and 1975. It was last sold for £235,000 in October 2020, which was around 9% below the average October 2020 detached price in the City of Derby local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

40 CHESTNUT AVENUE Sold Prices

Land registry data shows three sales for 40 CHESTNUT AVENUE 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 40 CHESTNUT AVENUE 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
2020 16 OCT	£235,000	£257,862	9% below HPI
2019 6 SEP	£166,500	£245,170	32% below HPI
2013 14 MAY	£125,000	£187,279	33% below HPI

40 CHESTNUT AVENUE 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 40 CHESTNUT AVENUE sales between May 2013 and October 2020 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 September 2019 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2020 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 40 CHESTNUT AVENUE?

40 CHESTNUT AVENUE is 58m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 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 40 CHESTNUT AVENUE lies on this distribution: 4% of detached houses are smaller than 40 CHESTNUT AVENUE, and 96% of houses are larger. Note that EPC data is not available for all properties in Derby.

40 CHESTNUT AVENUE: Plot and Title Map

40 CHESTNUT AVENUE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 40 CHESTNUT AVENUE, 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 40 CHESTNUT AVENUE). 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 40 CHESTNUT AVENUE?

40 CHESTNUT AVENUE is located in CHELLASTON, in the DE73 postcode district. The below map shows the position of No. 40 on CHESTNUT AVENUE.