9, WELLESLEY AVENUE, SUNNYHILL, DERBY, DE23 1GQ - £175,000

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.

9 WELLESLEY AVENUE is a very small detached house of 75m², built sometime between 1930 and 1949, which could now be worth an estimated £245,992. It was last sold for £175,000 in November 2016, which was around 23% below the average November 2016 detached price in the City of Derby local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was B.

9 WELLESLEY AVENUE Sold Prices

Land registry data shows three sales for 9 WELLESLEY AVENUE 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 9 WELLESLEY 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
2016 10 NOV	£175,000	£226,019	23% below HPI
2003 15 SEP	£106,250	£152,825	30% below HPI
1999 14 SEP	£37,000	£75,966	51% below HPI

9 WELLESLEY AVENUE 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 9 WELLESLEY AVENUE sales between September 1999 and November 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 September 2003 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2016 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 9 WELLESLEY AVENUE be worth now?

9 WELLESLEY AVENUE might now be worth an estimated £245,992.

This is based on house price inflation of 40.6%, between November 2016 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 40.6% inflationary increase is applied to the most recent sale price for 9 WELLESLEY AVENUE of £175,000 on 10th November 2016. For the value to have increased from £175,000 to £245,992 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 9 WELLESLEY AVENUE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The November 2016 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 9 WELLESLEY AVENUE has not materially changed since November 2016.

How Large is 9 WELLESLEY AVENUE?

9 WELLESLEY AVENUE is 75m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% 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 9 WELLESLEY AVENUE lies on this distribution: 15% of detached houses houses are smaller than 9 WELLESLEY AVENUE, and 84% of houses are larger. Note that EPC data is not available for all properties in Derby.

9 WELLESLEY AVENUE: Plot and Title Map

9 WELLESLEY AVENUE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 9 WELLESLEY 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 9 WELLESLEY 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 9 WELLESLEY AVENUE?

9 WELLESLEY AVENUE is located in SUNNYHILL, in the DE23 postcode district. The below map shows the position of No. 9 on WELLESLEY AVENUE.