8, WALDENE DRIVE, ALVASTON, DERBY, DE24 0GZ - £124,950

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 WALDENE DRIVE is a very small detached house of 58m², built sometime between 1930 and 1949, which could now be worth an estimated £192,221. It was last sold for £124,950 in November 2014, which was around 39% below the average November 2014 detached price in the City of Derby local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

8 WALDENE DRIVE Sold Prices

Land registry data shows five sales for 8 WALDENE DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the five 8 WALDENE DRIVE 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
2014 26 NOV	£124,950	£206,521	39% below HPI
2005 26 MAY	£112,550	£186,638	40% below HPI
2002 27 JUN	£85,500	£108,412	21% below HPI
2000 15 JUN	£61,000	£78,535	22% below HPI
1997 4 DEC	£30,000	£68,012	56% below HPI

8 WALDENE 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 five 8 WALDENE DRIVE sales between December 1997 and November 2014 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 May 2005 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2014 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 8 WALDENE DRIVE be worth now?

8 WALDENE DRIVE might now be worth an estimated £192,221.

This is based on house price inflation of 53.8%, between November 2014 and February 2025, 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 53.8% inflationary increase is applied to the most recent sale price for 8 WALDENE DRIVE of £124,950 on 26th November 2014. For the value to have increased from £124,950 to £192,221 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 WALDENE DRIVE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The November 2014 sale price of £124,950 represented a fair market value for the property.
• The size, condition, and specification of 8 WALDENE DRIVE has not materially changed since November 2014.

How Large is 8 WALDENE DRIVE?

8 WALDENE DRIVE is 58m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% 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 WALDENE DRIVE lies on this distribution: 4% of detached houses houses are smaller than 8 WALDENE DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Derby.

8 WALDENE DRIVE: Plot and Title Map

8 WALDENE DRIVE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 8 WALDENE 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 WALDENE 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 WALDENE DRIVE?

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