938, LONDON ROAD, ALVASTON, DERBY, DE24 8PY - £147,500

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.

938 LONDON ROAD is a large extended semi-detached house of 120m², built sometime between 1900 and 1929, which could now be worth an estimated £178,994. It was last sold for £147,500 in May 2021, which was around 14% below the average May 2021 semi-detached price in the City of Derby local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was B.

938 LONDON ROAD Sold Prices

Land registry data shows four sales for 938 LONDON ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the City of Derby local authority area for the corresponding sale date. All of the four 938 LONDON ROAD 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
2021 28 MAY	£147,500	£172,114	14% below HPI
2016 8 NOV	£108,000	£142,583	24% below HPI
2006 8 SEP	£100,000	£126,072	21% below HPI
2004 30 JAN	£80,000	£100,925	21% below HPI

938 LONDON ROAD 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 four 938 LONDON ROAD sales between January 2004 and May 2021 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 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 938 LONDON ROAD be worth now?

938 LONDON ROAD might now be worth an estimated £178,994.

This is based on house price inflation of 21.4%, between May 2021 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 21.4% inflationary increase is applied to the most recent sale price for 938 LONDON ROAD of £147,500 on 28th May 2021. For the value to have increased from £147,500 to £178,994 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 938 LONDON ROAD has moved in line with the HPI for semi-detached houses in the City of Derby local authority area.
• The May 2021 sale price of £147,500 represented a fair market value for the property.
• The size, condition, and specification of 938 LONDON ROAD has not materially changed since May 2021.

How Large is 938 LONDON ROAD?

938 LONDON ROAD is 120m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the largest 40% 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 938 LONDON ROAD lies on this distribution: 64% of semi-detached houses houses are smaller than 938 LONDON ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Derby.

938 LONDON ROAD: Plot and Title Map

938 LONDON ROAD sits on a plot of roughly 0.026 of an acre, or 107m². The below map shows the location of 938 LONDON ROAD, 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 938 LONDON ROAD). 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 938 LONDON ROAD?

938 LONDON ROAD is located in ALVASTON, in the DE24 postcode district. The below map shows the position of No. 938 on LONDON ROAD.