62, VALLEY ROAD, CHADDESDEN, DERBY, DE21 6QT - £142,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

62 VALLEY ROAD is a very small extended detached house of 72m², built sometime between 1967 and 1975. It was last sold for £142,000 in January 2017, which was around 37% below the average January 2017 detached price in the City of Derby local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

62 VALLEY ROAD Sold Prices

Land registry data shows three sales for 62 VALLEY 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 Derby local authority area for the corresponding sale date. All of the three 62 VALLEY ROAD 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
2017 13 JAN	£142,000	£226,306	37% below HPI
2005 22 NOV	£138,500	£188,216	26% below HPI
1995 18 SEP	£53,000	£61,714	14% below HPI

62 VALLEY ROAD 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 62 VALLEY ROAD sales between September 1995 and January 2017 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 November 2005 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the January 2017 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 62 VALLEY ROAD?

62 VALLEY ROAD is 72m², which includes one extension, according to the EPC inspection conducted in February 2016. 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 62 VALLEY ROAD lies on this distribution: 13% of detached houses are smaller than 62 VALLEY ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Derby.

62 VALLEY ROAD: Plot and Title Map

62 VALLEY ROAD sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 62 VALLEY 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 62 VALLEY 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 62 VALLEY ROAD?

62 VALLEY ROAD is located in CHADDESDEN, in the DE21 postcode district. The below map shows the position of No. 62 on VALLEY ROAD.