8, PETERSHAM DRIVE, ALVASTON, DERBY, DE24 0JU - £149,000

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

8 PETERSHAM DRIVE is a very small extended semi-detached house of 79m², built sometime between 1930 and 1949, which could now be worth an estimated £220,146. It was last sold for £149,000 in June 2016, which was around 5% above the average June 2016 semi-detached price in the City of Derby local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

8 PETERSHAM DRIVE Sold Prices

Land registry data shows five sales for 8 PETERSHAM DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the City of Derby local authority area for the corresponding sale date. All of the five 8 PETERSHAM 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
2016 16 JUN	£149,000	£141,364	5% above HPI
2014 21 MAR	£140,000	£123,643	13% above HPI
2005 3 JUN	£131,000	£119,196	10% above HPI
2004 14 SEP	£136,950	£116,495	18% above HPI
1999 15 OCT	£52,000	£44,548	17% above HPI

8 PETERSHAM DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the City of Derby local authority area over time, sourced from the HPI. The five 8 PETERSHAM DRIVE sales between October 1999 and June 2016 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 2014 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the June 2016 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 8 PETERSHAM DRIVE be worth now?

8 PETERSHAM DRIVE might now be worth an estimated £220,146.

This is based on house price inflation of 47.7%, between June 2016 and February 2025, for semi-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 47.7% inflationary increase is applied to the most recent sale price for 8 PETERSHAM DRIVE of £149,000 on 16th June 2016. For the value to have increased from £149,000 to £220,146 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 8 PETERSHAM DRIVE has moved in line with the HPI for semi-detached houses in the City of Derby local authority area.
• The June 2016 sale price of £149,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PETERSHAM DRIVE has not materially changed since June 2016.

How Large is 8 PETERSHAM DRIVE?

8 PETERSHAM DRIVE is 79m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 20% of semi-detached houses houses in Derby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Derby, and where 8 PETERSHAM DRIVE lies on this distribution: 19% of semi-detached houses houses are smaller than 8 PETERSHAM DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Derby.

8 PETERSHAM DRIVE: Plot and Title Map

8 PETERSHAM DRIVE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 8 PETERSHAM 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 PETERSHAM 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 PETERSHAM DRIVE?

8 PETERSHAM DRIVE is located in ALVASTON, in the DE24 postcode district. The below map shows the position of No. 8 on PETERSHAM DRIVE.