51, PACIFIC WAY, DERBY, DE24 1AA - £148,500

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

51 PACIFIC WAY is a very small detached house of 69m², built sometime between 1996 and 2002, which could now be worth an estimated £182,053. It was last sold for £148,500 in December 2020, which was around 44% below the average December 2020 detached price in the City of Derby local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

51 PACIFIC WAY Sold Prices

Land registry data shows two sales for 51 PACIFIC WAY 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 51 PACIFIC WAY sales were for below 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
2020 15 DEC	£148,500	£263,203	44% below HPI
2010 27 AUG	£139,750	£191,450	27% below HPI

51 PACIFIC 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 two 51 PACIFIC WAY sales from August 2010 and December 2020 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 August 2010 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2020 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 51 PACIFIC WAY be worth now?

51 PACIFIC WAY might now be worth an estimated £182,053.

This is based on house price inflation of 22.6%, between December 2020 and December 2024, 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 22.6% inflationary increase is applied to the most recent sale price for 51 PACIFIC WAY of £148,500 on 15th December 2020. For the value to have increased from £148,500 to £182,053 over the four years to December 2024, the following assumptions must hold true:

• The value of 51 PACIFIC WAY has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The December 2020 sale price of £148,500 represented a fair market value for the property.
• The size, condition, and specification of 51 PACIFIC WAY has not materially changed since December 2020.

How Large is 51 PACIFIC WAY?

51 PACIFIC WAY is 69m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 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 51 PACIFIC WAY lies on this distribution: 10% of detached houses houses are smaller than 51 PACIFIC WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Derby.

51 PACIFIC WAY: Plot and Title Map

51 PACIFIC WAY sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 51 PACIFIC 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 51 PACIFIC 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 51 PACIFIC WAY?

51 PACIFIC WAY is located in DERBY, in the DE24 postcode district. The below map shows the position of No. 51 on PACIFIC WAY.