7, HOLMESFIELD DRIVE, MICKLEOVER, DERBY, DE3 9JD - £230,000

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 HOLMESFIELD DRIVE is a midsized detached house of 115m², built sometime between 1983 and 1990, which could now be worth an estimated £369,068. It was last sold for £230,000 in July 2014, which was around 14% above the average July 2014 detached price in the City of Derby local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

7 HOLMESFIELD DRIVE Sold Prices

Land registry data shows two sales for 7 HOLMESFIELD 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 7 HOLMESFIELD 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
2014 18 JUL	£230,000	£201,087	14% above HPI
2001 30 MAR	£118,450	£86,457	37% above HPI

7 HOLMESFIELD 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 7 HOLMESFIELD DRIVE sales from March 2001 and July 2014 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 March 2001 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the July 2014 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 7 HOLMESFIELD DRIVE be worth now?

7 HOLMESFIELD DRIVE might now be worth an estimated £369,068.

This is based on house price inflation of 60.5%, between July 2014 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 60.5% inflationary increase is applied to the most recent sale price for 7 HOLMESFIELD DRIVE of £230,000 on 18th July 2014. For the value to have increased from £230,000 to £369,068 over the nine years and seven months to December 2024, the following assumptions must hold true:

• The value of 7 HOLMESFIELD DRIVE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The July 2014 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 7 HOLMESFIELD DRIVE has not materially changed since July 2014.

How Large is 7 HOLMESFIELD DRIVE?

7 HOLMESFIELD DRIVE is 115m² according to the EPC inspection conducted in April 2014. 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 HOLMESFIELD DRIVE lies on this distribution: 58% of detached houses houses are smaller than 7 HOLMESFIELD DRIVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Derby.

7 HOLMESFIELD DRIVE: Plot and Title Map

7 HOLMESFIELD DRIVE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 7 HOLMESFIELD 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 HOLMESFIELD 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 HOLMESFIELD DRIVE?

7 HOLMESFIELD DRIVE is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 7 on HOLMESFIELD DRIVE.