SOUTHERLEY, SOUTH DRIVE, DERBY, DE1 3ET - £1,033,000

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

SOUTHERLEY is a very large extended detached house of 320m², built sometime between 1930 and 1949. It was last sold for £1,033,000 in June 2022, which was around 250% above the average June 2022 detached price in the City of Derby local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was D.

SOUTHERLEY Sold Prices

Land registry data shows two sales for SOUTHERLEY 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 SOUTHERLEY 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
2022 1 JUN	£1,033,000	£294,751	250% above HPI
2001 24 SEP	£311,102	£97,160	220% above HPI

SOUTHERLEY 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 SOUTHERLEY sales from September 2001 and June 2022 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 2001 sale was for 220% above the HPI. So the extrapolation line tracks at 220% above the HPI over time, until the June 2022 sale, where it rises to 250% above the HPI. The line then continues to track at 250% above the HPI.

How Large is SOUTHERLEY?

SOUTHERLEY is 320m², which includes three extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 10% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where SOUTHERLEY lies on this distribution: More than 99% of detached houses are smaller than SOUTHERLEY, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Derby.

SOUTHERLEY: Plot and Title Map

SOUTHERLEY sits on a plot of roughly 0.144 of an acre, or 581m². The below map shows the location of SOUTHERLEY, 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 SOUTHERLEY). 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 SOUTHERLEY?

SOUTHERLEY is located on SOUTH DRIVE in DERBY, in the DE1 postcode district. The below map shows the position of SOUTHERLEY on SOUTH DRIVE.