45, RICHARDSON WAY, DERBY, DE22 4NR - £372,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

45 RICHARDSON WAY is a large detached house of 126m², which could now be worth an estimated £389,882. It was last sold for £372,500 in February 2023, which was around 16% above the average February 2023 detached price in the Amber Valley local authority area. The most recent EPC inspection was August 2015, where the current energy rating was B, and the potential energy rating was B.

45 RICHARDSON WAY Sold Prices

Land registry data shows three sales for 45 RICHARDSON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the three 45 RICHARDSON WAY 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 21 FEB	£372,500	£321,756	16% above HPI
2018 4 SEP	£325,000	£244,925	33% above HPI
2015 16 OCT	£323,000	£211,235	53% above HPI

45 RICHARDSON WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The three 45 RICHARDSON WAY sales between October 2015 and February 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 September 2018 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the February 2023 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 45 RICHARDSON WAY be worth now?

45 RICHARDSON WAY might now be worth an estimated £389,882.

This is based on house price inflation of 4.7%, between February 2023 and December 2024, for detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.7% inflationary increase is applied to the most recent sale price for 45 RICHARDSON WAY of £372,500 on 21st February 2023. For the value to have increased from £372,500 to £389,882 over the two months to December 2024, the following assumptions must hold true:

• The value of 45 RICHARDSON WAY has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The February 2023 sale price of £372,500 represented a fair market value for the property.
• The size, condition, and specification of 45 RICHARDSON WAY has not materially changed since February 2023.

How Large is 45 RICHARDSON WAY?

45 RICHARDSON WAY is 126m² according to the EPC inspection conducted in August 2015. This puts it in the largest 30% of detached houses houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 45 RICHARDSON WAY lies on this distribution: 69% of detached houses houses are smaller than 45 RICHARDSON WAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Derby.

45 RICHARDSON WAY: Plot and Title Map

45 RICHARDSON WAY sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 45 RICHARDSON WAY, 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 45 RICHARDSON WAY). 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 45 RICHARDSON WAY?

45 RICHARDSON WAY is located in DERBY, in the DE22 postcode district. The below map shows the position of No. 45 on RICHARDSON WAY.