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
698 OSMASTON ROAD is a very small detached house of 60m², built sometime between 1900 and 1929. It was last sold for £150,000 in January 2024, which was around 50% below the average January 2024 detached price in the City of Derby local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 698 OSMASTON ROAD since 1st 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 698 OSMASTON 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 |
---|---|---|---|
2024 26 JAN | £150,000 | £302,710 | 50% below HPI |
2022 19 JAN | £118,000 | £280,296 | 58% below HPI |
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 698 OSMASTON ROAD sales from January 2022 and January 2024 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 January 2022 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the January 2024 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.
698 OSMASTON ROAD is 60m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 698 OSMASTON ROAD lies on this distribution: 5% of detached houses are smaller than 698 OSMASTON ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Derby.
698 OSMASTON ROAD sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 698 OSMASTON 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 698 OSMASTON 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.
698 OSMASTON ROAD is located in DERBY, in the DE24 postcode district. The below map shows the position of No. 698 on OSMASTON ROAD.