554, DERBY ROAD, NOTTINGHAM, NG7 2GY - £462,000

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

554 DERBY ROAD is a very large extended detached house of 292m², built sometime between 1930 and 1949. It was last sold for £462,000 in June 2004, which was around 248% above the average June 2004 detached price in the City of Nottingham local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

554 DERBY ROAD Sold Prices

Land registry data shows three sales for 554 DERBY ROAD 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 Nottingham local authority area for the corresponding sale date. All of the three 554 DERBY ROAD 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
2004 1 JUN	£462,000	£132,721	248% above HPI
2001 12 SEP	£361,000	£78,388	361% above HPI
1998 1 APR	£165,000	£55,591	197% above HPI

554 DERBY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The three 554 DERBY ROAD sales between April 1998 and June 2004 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 September 2001 sale was for 361% above the HPI. So the extrapolation line tracks at 361% above the HPI over time, until the June 2004 sale, where it falls to 248% above the HPI. The line then continues to track at 248% above the HPI.

How Large is 554 DERBY ROAD?

554 DERBY ROAD is 292m², which includes three extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 10% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 554 DERBY ROAD lies on this distribution: 99% of detached houses are smaller than 554 DERBY ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

554 DERBY ROAD: Plot and Title Map

554 DERBY ROAD sits on a plot of roughly 0.232 of an acre, or 940m². The below map shows the location of 554 DERBY ROAD, 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 554 DERBY ROAD). 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 554 DERBY ROAD?

554 DERBY ROAD is located in NOTTINGHAM, in the NG7 postcode district. The below map shows the position of No. 554 on DERBY ROAD.