5, TREDEGAR DRIVE, OAKWOOD, DERBY, DE21 2RA - £285,000

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 TREDEGAR DRIVE is a very large detached house of 142m², built sometime between 1983 and 1990, which could now be worth an estimated £386,221. It was last sold for £285,000 in January 2018, which was around 22% above the average January 2018 detached price in the City of Derby local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

5 TREDEGAR DRIVE Sold Prices

Land registry data shows two sales for 5 TREDEGAR DRIVE 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 5 TREDEGAR DRIVE 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
2018 18 JAN	£285,000	£234,443	22% above HPI
2012 9 JAN	£198,000	£180,379	10% above HPI

5 TREDEGAR DRIVE 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 5 TREDEGAR DRIVE sales from January 2012 and January 2018 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 2012 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the January 2018 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 5 TREDEGAR DRIVE be worth now?

5 TREDEGAR DRIVE might now be worth an estimated £386,221.

This is based on house price inflation of 35.5%, between January 2018 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 35.5% inflationary increase is applied to the most recent sale price for 5 TREDEGAR DRIVE of £285,000 on 18th January 2018. For the value to have increased from £285,000 to £386,221 over the six years and eleven months to February 2025, the following assumptions must hold true:

• The value of 5 TREDEGAR DRIVE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The January 2018 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 5 TREDEGAR DRIVE has not materially changed since January 2018.

How Large is 5 TREDEGAR DRIVE?

5 TREDEGAR DRIVE is 142m² according to the EPC inspection conducted in February 2011. This puts it in the largest 20% 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 TREDEGAR DRIVE lies on this distribution: 81% of detached houses houses are smaller than 5 TREDEGAR DRIVE, and 19% of houses are larger. Note that EPC data is not available for all properties in Derby.

5 TREDEGAR DRIVE: Plot and Title Map

5 TREDEGAR DRIVE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 5 TREDEGAR 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 5 TREDEGAR 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 5 TREDEGAR DRIVE?

5 TREDEGAR DRIVE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 5 on TREDEGAR DRIVE.