CHERRY BANK, OLD HALL ROAD, LITTLEOVER, DERBY, DE23 6GG - £303,750

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

CHERRY BANK is a very large extended detached house of 178m², built sometime between 1967 and 1975, which could now be worth an estimated £522,783. It was last sold for £303,750 in December 2009, which was around 62% above the average December 2009 detached price in the City of Derby local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was D.

CHERRY BANK Sold Prices

Land registry data shows two sales for CHERRY BANK 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. Both of the two CHERRY BANK sales were 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
2009 18 DEC	£303,750	£187,481	62% above HPI
2006 21 NOV	£265,000	£200,172	32% above HPI

CHERRY BANK 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 CHERRY BANK sales from November 2006 and December 2009 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 2006 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the December 2009 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might CHERRY BANK be worth now?

CHERRY BANK might now be worth an estimated £522,783.

This is based on house price inflation of 72.1%, between December 2009 and December 2024, 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 72.1% inflationary increase is applied to the most recent sale price for CHERRY BANK of £303,750 on 18th December 2009. For the value to have increased from £303,750 to £522,783 over the fifteen years to December 2024, the following assumptions must hold true:

• The value of CHERRY BANK has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The December 2009 sale price of £303,750 represented a fair market value for the property.
• The size, condition, and specification of CHERRY BANK has not materially changed since December 2009.

How Large is CHERRY BANK?

CHERRY BANK is 178m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the largest 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 CHERRY BANK lies on this distribution: 92% of detached houses houses are smaller than CHERRY BANK, and 8% of houses are larger. Note that EPC data is not available for all properties in Derby.

CHERRY BANK: Plot and Title Map

CHERRY BANK sits on a plot of roughly 0.255 of an acre, or 1,033m². The below map shows the location of CHERRY BANK, 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 CHERRY BANK). 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 CHERRY BANK?

CHERRY BANK is located on OLD HALL ROAD in LITTLEOVER, in the DE23 postcode district. The below map shows the position of CHERRY BANK on OLD HALL ROAD.