41, DERWENT STREET, DRAYCOTT, DERBY, DE72 3NF - £560,000

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 DERWENT STREET is a large extended detached house of 142m², built sometime between 1967 and 1975, which could now be worth an estimated £563,766. It was last sold for £560,000 in May 2023, which was around 77% above the average May 2023 detached price in the Erewash local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

41 DERWENT STREET Sold Prices

Land registry data shows two sales for 41 DERWENT STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two 41 DERWENT STREET 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
2023 26 MAY	£560,000	£316,872	77% above HPI
2016 15 APR	£358,000	£211,282	69% above HPI

41 DERWENT STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 41 DERWENT STREET sales from April 2016 and May 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 April 2016 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the May 2023 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

What might 41 DERWENT STREET be worth now?

41 DERWENT STREET might now be worth an estimated £563,766.

This is based on house price inflation of 0.7%, between May 2023 and February 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.7% inflationary increase is applied to the most recent sale price for 41 DERWENT STREET of £560,000 on 26th May 2023. For the value to have increased from £560,000 to £563,766 over the two years and three months to February 2025, the following assumptions must hold true:

• The value of 41 DERWENT STREET has moved in line with the HPI for detached houses in the Erewash local authority area.
• The May 2023 sale price of £560,000 represented a fair market value for the property.
• The size, condition, and specification of 41 DERWENT STREET has not materially changed since May 2023.

How Large is 41 DERWENT STREET?

41 DERWENT STREET is 142m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 30% of detached houses houses in Draycott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Draycott, and where 41 DERWENT STREET lies on this distribution: 74% of detached houses houses are smaller than 41 DERWENT STREET, and 24% of houses are larger. Note that EPC data is not available for all properties in Draycott.

41 DERWENT STREET: Plot and Title Map

41 DERWENT STREET sits on a plot of roughly 0.166 of an acre, or 672m². The below map shows the location of 41 DERWENT STREET, 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 DERWENT STREET). 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 DERWENT STREET?

41 DERWENT STREET is located in DRAYCOTT, in the DE72 postcode district. The below map shows the position of No. 41 on DERWENT STREET.