8, HEDINGHAM WAY, MICKLEOVER, DERBY, DE3 0NX - £315,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 HEDINGHAM WAY is a midsized extended detached house of 110m², built sometime between 1967 and 1975. It was last sold for £315,000 in November 2020, which was around 21% above the average November 2020 detached price in the City of Derby local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

8 HEDINGHAM WAY Sold Prices

Land registry data shows two sales for 8 HEDINGHAM 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 HEDINGHAM 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
2020 27 NOV	£315,000	£259,463	21% above HPI
1996 8 MAR	£75,000	£63,383	18% above HPI

8 HEDINGHAM 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 HEDINGHAM WAY sales from March 1996 and November 2020 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 1996 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the November 2020 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 8 HEDINGHAM WAY?

8 HEDINGHAM WAY is 110m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the largest 50% 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 HEDINGHAM WAY lies on this distribution: 53% of detached houses are smaller than 8 HEDINGHAM WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Derby.

8 HEDINGHAM WAY: Plot and Title Map

8 HEDINGHAM WAY sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 8 HEDINGHAM 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 HEDINGHAM 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 HEDINGHAM WAY?

8 HEDINGHAM WAY is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 8 on HEDINGHAM WAY.