8, DRUMMOND WAY, CHELLASTON, DERBY, DE73 5YE - £262,000

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

8 DRUMMOND WAY is a large detached house of 137m², built sometime between 2003 and 2006. It was last sold for £262,000 in July 2011, which was around 42% above the average July 2011 detached price in the City of Derby local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.

8 DRUMMOND WAY Sold Prices

Land registry data shows two sales for 8 DRUMMOND WAY 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 8 DRUMMOND WAY 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
2011 11 JUL	£262,000	£184,268	42% above HPI
2003 19 DEC	£244,995	£163,537	50% above HPI

8 DRUMMOND WAY 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 8 DRUMMOND WAY sales from December 2003 and July 2011 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 2003 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the July 2011 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 8 DRUMMOND WAY?

8 DRUMMOND WAY is 137m² according to the EPC inspection conducted in July 2010. This puts it in the largest 30% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 8 DRUMMOND WAY lies on this distribution: 79% of detached houses are smaller than 8 DRUMMOND WAY, and 21% of houses are larger. Note that EPC data is not available for all properties in Derby.

8 DRUMMOND WAY: Plot and Title Map

8 DRUMMOND WAY sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 8 DRUMMOND WAY, 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 8 DRUMMOND WAY). 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 8 DRUMMOND WAY?

8 DRUMMOND WAY is located in CHELLASTON, in the DE73 postcode district. The below map shows the position of No. 8 on DRUMMOND WAY.