41, CHEDWORTH DRIVE, ALVASTON, DERBY, DE24 0TL - £73,000

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.

41 CHEDWORTH DRIVE is a very small semi-detached house of 54m², built sometime between 1991 and 1995, which could now be worth an estimated £107,147. It was last sold for £73,000 in October 2016, which was around 49% below the average October 2016 semi-detached price in the City of Derby local authority area. The most recent EPC inspection was December 2008, where the current energy rating was F, and the potential energy rating was E.

41 CHEDWORTH DRIVE Sold Prices

Land registry data shows three sales for 41 CHEDWORTH DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the City of Derby local authority area for the corresponding sale date. All of the three 41 CHEDWORTH DRIVE 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
2016 24 OCT	£73,000	£142,301	49% below HPI
2001 12 JAN	£32,000	£50,361	36% below HPI
1999 16 SEP	£29,000	£44,442	35% below HPI

41 CHEDWORTH DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the City of Derby local authority area over time, sourced from the HPI. The three 41 CHEDWORTH DRIVE sales between September 1999 and October 2016 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 2001 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2016 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 41 CHEDWORTH DRIVE be worth now?

41 CHEDWORTH DRIVE might now be worth an estimated £107,147.

This is based on house price inflation of 46.8%, between October 2016 and February 2025, for semi-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 46.8% inflationary increase is applied to the most recent sale price for 41 CHEDWORTH DRIVE of £73,000 on 24th October 2016. For the value to have increased from £73,000 to £107,147 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 41 CHEDWORTH DRIVE has moved in line with the HPI for semi-detached houses in the City of Derby local authority area.
• The October 2016 sale price of £73,000 represented a fair market value for the property.
• The size, condition, and specification of 41 CHEDWORTH DRIVE has not materially changed since October 2016.

How Large is 41 CHEDWORTH DRIVE?

41 CHEDWORTH DRIVE is 54m² according to the EPC inspection conducted in December 2008. This puts it in the smallest 10% of semi-detached houses houses in Derby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Derby, and where 41 CHEDWORTH DRIVE lies on this distribution: 2% of semi-detached houses houses are smaller than 41 CHEDWORTH DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Derby.

41 CHEDWORTH DRIVE: Plot and Title Map

41 CHEDWORTH DRIVE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 41 CHEDWORTH 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 41 CHEDWORTH 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 41 CHEDWORTH DRIVE?

41 CHEDWORTH DRIVE is located in ALVASTON, in the DE24 postcode district. The below map shows the position of No. 41 on CHEDWORTH DRIVE.