54, DERWENT AVENUE, ALLESTREE, DERBY, DE22 2DQ - £475,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

54 DERWENT AVENUE is a large extended detached house of 122m², built sometime between 1976 and 1982. It was last sold for £475,000 in July 2023, which was around 55% above the average July 2023 detached price in the City of Derby local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was B.

54 DERWENT AVENUE Sold Prices

Land registry data shows three sales for 54 DERWENT AVENUE 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 54 DERWENT AVENUE 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 28 JUL	£475,000	£306,679	55% above HPI
2014 29 AUG	£240,000	£206,314	16% above HPI
2002 8 FEB	£128,000	£100,332	28% above HPI

54 DERWENT AVENUE 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 54 DERWENT AVENUE sales between February 2002 and July 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 August 2014 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the July 2023 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is 54 DERWENT AVENUE?

54 DERWENT AVENUE is 122m², which includes one extension, according to the EPC inspection conducted in June 2024. This puts it in the largest 40% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 54 DERWENT AVENUE lies on this distribution: 66% of detached houses are smaller than 54 DERWENT AVENUE, and 33% of houses are larger. Note that EPC data is not available for all properties in Derby.

54 DERWENT AVENUE: Plot and Title Map

54 DERWENT AVENUE sits on a plot of roughly 0.078 of an acre, or 318m². The below map shows the location of 54 DERWENT AVENUE, 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 54 DERWENT AVENUE). 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 54 DERWENT AVENUE?

54 DERWENT AVENUE is located in ALLESTREE, in the DE22 postcode district. The below map shows the position of No. 54 on DERWENT AVENUE.