7, CHEDWORTH DRIVE, ALVASTON, DERBY, DE24 0TL - £120,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 CHEDWORTH DRIVE is a very small semi-detached house of 48m², built sometime between 1976 and 1982, which could now be worth an estimated £183,726. It was last sold for £120,000 in August 2015, which was around 12% below the average August 2015 semi-detached price in the City of Derby local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

7 CHEDWORTH DRIVE Sold Prices

Land registry data shows three sales for 7 CHEDWORTH DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the City of Derby local authority area for the corresponding sale date. All of the three 7 CHEDWORTH 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
2015 25 AUG	£120,000	£136,419	12% below HPI
2004 11 JUN	£109,950	£111,085	1% below HPI
2002 22 FEB	£56,000	£58,285	4% below HPI

7 CHEDWORTH DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the City of Derby local authority area over time, sourced from the HPI. The three 7 CHEDWORTH DRIVE sales between February 2002 and August 2015 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 June 2004 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2015 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 7 CHEDWORTH DRIVE be worth now?

7 CHEDWORTH DRIVE might now be worth an estimated £183,726.

This is based on house price inflation of 53.1%, between August 2015 and February 2025, for semi-detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53.1% inflationary increase is applied to the most recent sale price for 7 CHEDWORTH DRIVE of £120,000 on 25th August 2015. For the value to have increased from £120,000 to £183,726 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 7 CHEDWORTH DRIVE has moved in line with the HPI for semi-detached houses in the City of Derby local authority area.
• The August 2015 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CHEDWORTH DRIVE has not materially changed since August 2015.

How Large is 7 CHEDWORTH DRIVE?

7 CHEDWORTH DRIVE is 48m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of semi-detached houses houses in Derby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Derby, and where 7 CHEDWORTH DRIVE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 7 CHEDWORTH DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Derby.

7 CHEDWORTH DRIVE: Plot and Title Map

7 CHEDWORTH DRIVE sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 7 CHEDWORTH 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 7 CHEDWORTH 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 7 CHEDWORTH DRIVE?

7 CHEDWORTH DRIVE is located in ALVASTON, in the DE24 postcode district. The below map shows the position of No. 7 on CHEDWORTH DRIVE.