9, PARKWAY, CHELLASTON, DERBY, DE73 5QA - £158,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

9 PARKWAY is a large detached house of 129m², built sometime between 1950 and 1966. It was last sold for £158,000 in February 2011, which was around 12% below the average February 2011 detached price in the City of Derby local authority area. The most recent EPC inspection was August 2020, where the current energy rating was B, and the potential energy rating was B.

9 PARKWAY Sold Prices

Land registry data shows two sales for 9 PARKWAY 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. One of the two 9 PARKWAY sales was for below the average price, whilst the other was 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
2011 24 FEB	£158,000	£179,899	12% below HPI
1999 16 NOV	£79,000	£76,923	3% above HPI

9 PARKWAY 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 9 PARKWAY sales from November 1999 and February 2011 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 November 1999 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2011 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 9 PARKWAY?

9 PARKWAY is 129m² according to the EPC inspection conducted in August 2020. This puts it in the largest 30% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 9 PARKWAY lies on this distribution: 73% of detached houses are smaller than 9 PARKWAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Derby.

9 PARKWAY: Plot and Title Map

9 PARKWAY sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 9 PARKWAY, 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 9 PARKWAY). 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 9 PARKWAY?

9 PARKWAY is located in CHELLASTON, in the DE73 postcode district. The below map shows the position of No. 9 on PARKWAY.