8, OTTERBURN DRIVE, ALLESTREE, DERBY, DE22 2TJ - £249,500

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

8 OTTERBURN DRIVE is a midsized extended detached house of 115m², built sometime between 1991 and 1995, which could now be worth an estimated £406,299. It was last sold for £249,500 in October 2006, which was around 26% above the average October 2006 detached price in the City of Derby local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

8 OTTERBURN DRIVE Sold Prices

Land registry data shows three sales for 8 OTTERBURN 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 8 OTTERBURN 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
2006 9 OCT	£249,500	£198,147	26% above HPI
2001 20 FEB	£132,000	£88,787	49% above HPI
1999 19 MAR	£98,500	£68,782	43% above HPI

8 OTTERBURN 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 8 OTTERBURN DRIVE sales between March 1999 and October 2006 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 February 2001 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the October 2006 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 8 OTTERBURN DRIVE be worth now?

8 OTTERBURN DRIVE might now be worth an estimated £406,299.

This is based on house price inflation of 62.8%, between October 2006 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 62.8% inflationary increase is applied to the most recent sale price for 8 OTTERBURN DRIVE of £249,500 on 9th October 2006. For the value to have increased from £249,500 to £406,299 over the seventeen years and ten months to December 2024, the following assumptions must hold true:

• The value of 8 OTTERBURN DRIVE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The October 2006 sale price of £249,500 represented a fair market value for the property.
• The size, condition, and specification of 8 OTTERBURN DRIVE has not materially changed since October 2006.

How Large is 8 OTTERBURN DRIVE?

8 OTTERBURN DRIVE is 115m², which includes two extensions, according to the EPC inspection conducted in July 2018. 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 8 OTTERBURN DRIVE lies on this distribution: 58% of detached houses houses are smaller than 8 OTTERBURN DRIVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Derby.

8 OTTERBURN DRIVE: Plot and Title Map

8 OTTERBURN DRIVE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 8 OTTERBURN 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 8 OTTERBURN 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 8 OTTERBURN DRIVE?

8 OTTERBURN DRIVE is located in ALLESTREE, in the DE22 postcode district. The below map shows the position of No. 8 on OTTERBURN DRIVE.