50, GILBERT STREET, ALVASTON, DERBY, DE24 0LE - £245,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

50 GILBERT STREET is a very small detached house of 76m², built sometime between 1930 and 1949. It was last sold for £245,000 in September 2023, which was around 21% below the average September 2023 detached price in the City of Derby local authority area. The most recent EPC inspection was March 2023, where the current energy rating was F, and the potential energy rating was B.

50 GILBERT STREET Sold Prices

Land registry data shows five sales for 50 GILBERT STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. The five 50 GILBERT STREET sales were a mix of below the average price, roughly equal to the average price, and 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 25 SEP	£245,000	£308,401	21% below HPI
2013 21 JAN	£163,000	£184,224	12% below HPI
2004 6 SEP	£152,500	£184,769	17% below HPI
2002 14 JUN	£120,000	£108,262	11% above HPI
2001 6 DEC	£99,950	£99,622	Close to HPI

50 GILBERT STREET 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 five 50 GILBERT STREET sales between December 2001 and September 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 January 2013 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2023 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 50 GILBERT STREET?

50 GILBERT STREET is 76m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 20% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 50 GILBERT STREET lies on this distribution: 16% of detached houses are smaller than 50 GILBERT STREET, and 83% of houses are larger. Note that EPC data is not available for all properties in Derby.

50 GILBERT STREET: Plot and Title Map

50 GILBERT STREET sits on a plot of roughly 0.104 of an acre, or 423m². The below map shows the location of 50 GILBERT 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 50 GILBERT 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 50 GILBERT STREET?

50 GILBERT STREET is located in ALVASTON, in the DE24 postcode district. The below map shows the position of No. 50 on GILBERT STREET.