7, HOBSON DRIVE, SPONDON, DERBY, DE21 7TU - £223,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 HOBSON DRIVE is a midsized detached house of 110m², built sometime between 2003 and 2006, which could now be worth an estimated £394,459. It was last sold for £223,500 in October 2012, which was around 22% above the average October 2012 detached price in the City of Derby local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

7 HOBSON DRIVE Sold Prices

Land registry data shows three sales for 7 HOBSON DRIVE 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 7 HOBSON DRIVE 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
2012 25 OCT	£223,500	£182,826	22% above HPI
2008 5 DEC	£230,000	£179,892	28% above HPI
2007 20 APR	£235,000	£201,592	17% above HPI

7 HOBSON 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 three 7 HOBSON DRIVE sales between April 2007 and October 2012 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 2008 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the October 2012 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 7 HOBSON DRIVE be worth now?

7 HOBSON DRIVE might now be worth an estimated £394,459.

This is based on house price inflation of 76.5%, between October 2012 and December 2024, for 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 76.5% inflationary increase is applied to the most recent sale price for 7 HOBSON DRIVE of £223,500 on 25th October 2012. For the value to have increased from £223,500 to £394,459 over the eleven years and ten months to December 2024, the following assumptions must hold true:

• The value of 7 HOBSON DRIVE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The October 2012 sale price of £223,500 represented a fair market value for the property.
• The size, condition, and specification of 7 HOBSON DRIVE has not materially changed since October 2012.

How Large is 7 HOBSON DRIVE?

7 HOBSON DRIVE is 110m² according to the EPC inspection conducted in May 2012. This puts it in the largest 50% of detached houses houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 7 HOBSON DRIVE lies on this distribution: 53% of detached houses houses are smaller than 7 HOBSON DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Derby.

7 HOBSON DRIVE: Plot and Title Map

7 HOBSON DRIVE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 7 HOBSON 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 HOBSON 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 HOBSON DRIVE?

7 HOBSON DRIVE is located in SPONDON, in the DE21 postcode district. The below map shows the position of No. 7 on HOBSON DRIVE.