40, FREDERICK AVENUE, ALVASTON, DERBY, DE24 0AH - £154,000

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 FREDERICK AVENUE is a very small detached house of 63m², built sometime between 1950 and 1966. It was last sold for £154,000 in September 2023, which was around 50% below the average September 2023 detached price in the City of Derby local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

40 FREDERICK AVENUE Sold Prices

Land registry data shows two sales for 40 FREDERICK AVENUE 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 40 FREDERICK 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
2023 13 SEP	£154,000	£310,350	50% below HPI
2011 14 JAN	£147,500	£182,700	19% below HPI

40 FREDERICK 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 two 40 FREDERICK AVENUE sales from January 2011 and September 2023 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 2011 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2023 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 40 FREDERICK AVENUE?

40 FREDERICK AVENUE is 63m² according to the EPC inspection conducted in April 2023. 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 FREDERICK AVENUE lies on this distribution: 6% of detached houses are smaller than 40 FREDERICK AVENUE, and 93% of houses are larger. Note that EPC data is not available for all properties in Derby.

40 FREDERICK AVENUE: Plot and Title Map

40 FREDERICK AVENUE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 40 FREDERICK 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 FREDERICK 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 FREDERICK AVENUE?

40 FREDERICK AVENUE is located in ALVASTON, in the DE24 postcode district. The below map shows the position of No. 40 on FREDERICK AVENUE.