5, DRUMMOND WAY, CHELLASTON, DERBY, DE73 5YE - £282,000

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.

5 DRUMMOND WAY is a midsized detached house of 116m², built sometime between 2003 and 2006, which could now be worth an estimated £425,496. It was last sold for £282,000 in July 2015, which was around 34% above the average July 2015 detached price in the City of Derby local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

5 DRUMMOND WAY Sold Prices

Land registry data shows three sales for 5 DRUMMOND 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 City of Derby local authority area for the corresponding sale date. All of the three 5 DRUMMOND 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
2015 17 JUL	£282,000	£210,563	34% above HPI
2012 30 APR	£249,950	£180,882	38% above HPI
2005 1 MAR	£231,650	£187,960	23% above HPI

5 DRUMMOND WAY 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 5 DRUMMOND WAY sales between March 2005 and July 2015 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 2012 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the July 2015 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 5 DRUMMOND WAY be worth now?

5 DRUMMOND WAY might now be worth an estimated £425,496.

This is based on house price inflation of 50.9%, between July 2015 and February 2025, for 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 50.9% inflationary increase is applied to the most recent sale price for 5 DRUMMOND WAY of £282,000 on 17th July 2015. For the value to have increased from £282,000 to £425,496 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 5 DRUMMOND WAY has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The July 2015 sale price of £282,000 represented a fair market value for the property.
• The size, condition, and specification of 5 DRUMMOND WAY has not materially changed since July 2015.

How Large is 5 DRUMMOND WAY?

5 DRUMMOND WAY is 116m² according to the EPC inspection conducted in February 2012. This puts it in the largest 50% 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 5 DRUMMOND WAY lies on this distribution: 59% of detached houses houses are smaller than 5 DRUMMOND WAY, and 41% of houses are larger. Note that EPC data is not available for all properties in Derby.

5 DRUMMOND WAY: Plot and Title Map

5 DRUMMOND WAY sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 5 DRUMMOND 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 5 DRUMMOND 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 5 DRUMMOND WAY?

5 DRUMMOND WAY is located in CHELLASTON, in the DE73 postcode district. The below map shows the position of No. 5 on DRUMMOND WAY.