8, VICTORIA AVENUE, DRAYCOTT, DERBY, DE72 3PL - £195,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 VICTORIA AVENUE is a large extended detached house of 115m², built sometime between 1900 and 1929, which could now be worth an estimated £280,135. It was last sold for £195,000 in January 2017, which was around 12% below the average January 2017 detached price in the Erewash local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

8 VICTORIA AVENUE Sold Prices

Land registry data shows two sales for 8 VICTORIA AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two 8 VICTORIA AVENUE sales were for below 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
2017 4 JAN	£195,000	£222,056	12% below HPI
2005 17 JUN	£165,000	£174,337	5% below HPI

8 VICTORIA AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 8 VICTORIA AVENUE sales from June 2005 and January 2017 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 June 2005 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the January 2017 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 8 VICTORIA AVENUE be worth now?

8 VICTORIA AVENUE might now be worth an estimated £280,135.

This is based on house price inflation of 43.7%, between January 2017 and February 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43.7% inflationary increase is applied to the most recent sale price for 8 VICTORIA AVENUE of £195,000 on 4th January 2017. For the value to have increased from £195,000 to £280,135 over the seven years and eleven months to February 2025, the following assumptions must hold true:

• The value of 8 VICTORIA AVENUE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The January 2017 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 8 VICTORIA AVENUE has not materially changed since January 2017.

How Large is 8 VICTORIA AVENUE?

8 VICTORIA AVENUE is 115m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the largest 40% of detached houses houses in Draycott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Draycott, and where 8 VICTORIA AVENUE lies on this distribution: 60% of detached houses houses are smaller than 8 VICTORIA AVENUE, and 40% of houses are larger. Note that EPC data is not available for all properties in Draycott.

8 VICTORIA AVENUE: Plot and Title Map

8 VICTORIA AVENUE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 8 VICTORIA AVENUE, 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 VICTORIA AVENUE). 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 VICTORIA AVENUE?

8 VICTORIA AVENUE is located in DRAYCOTT, in the DE72 postcode district. The below map shows the position of No. 8 on VICTORIA AVENUE.