56, HOME FARM DRIVE, ALLESTREE, DERBY, DE22 2UP - £267,500

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

56 HOME FARM DRIVE is a very small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £267,500 in July 2021, which was around 2% below the average July 2021 detached price in the City of Derby local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

56 HOME FARM DRIVE Sold Prices

Land registry data shows two sales for 56 HOME FARM 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 56 HOME FARM DRIVE 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
2021 15 JUL	£267,500	£273,212	2% below HPI
1999 3 DEC	£75,000	£75,821	1% below HPI

56 HOME FARM 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 56 HOME FARM DRIVE sales from December 1999 and July 2021 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 December 1999 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2021 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 56 HOME FARM DRIVE?

56 HOME FARM DRIVE is 71m² according to the EPC inspection conducted in January 2020. 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 56 HOME FARM DRIVE lies on this distribution: 12% of detached houses are smaller than 56 HOME FARM DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Derby.

56 HOME FARM DRIVE: Plot and Title Map

56 HOME FARM DRIVE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 56 HOME FARM 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 56 HOME FARM 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 56 HOME FARM DRIVE?

56 HOME FARM DRIVE is located in ALLESTREE, in the DE22 postcode district. The below map shows the position of No. 56 on HOME FARM DRIVE.