THE WILLOWS, SCHOOL LANE, CHELLASTON, DERBY, DE73 6TF - £465,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE WILLOWS is a very large extended detached house of 149m², built sometime between 1967 and 1975. It was last sold for £465,000 in August 2021, which was around 69% above the average August 2021 detached price in the City of Derby local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was D.

THE WILLOWS Sold Prices

Land registry data shows three sales for THE WILLOWS 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 THE WILLOWS 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
2021 26 AUG	£465,000	£275,075	69% above HPI
2015 8 APR	£380,000	£207,728	83% above HPI
2006 13 APR	£325,000	£192,886	68% above HPI

THE WILLOWS 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 THE WILLOWS sales between April 2006 and August 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 April 2015 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the August 2021 sale, where it falls to 69% above the HPI. The line then continues to track at 69% above the HPI.

How Large is THE WILLOWS?

THE WILLOWS is 149m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the largest 20% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where THE WILLOWS lies on this distribution: 84% of detached houses are smaller than THE WILLOWS, and 16% of houses are larger. Note that EPC data is not available for all properties in Derby.

THE WILLOWS: Plot and Title Map

THE WILLOWS sits on a plot of roughly 0.332 of an acre, or 1,343m². The below map shows the location of THE WILLOWS, 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 THE WILLOWS). 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 THE WILLOWS?

THE WILLOWS is located on SCHOOL LANE in CHELLASTON, in the DE73 postcode district. The below map shows the position of THE WILLOWS on SCHOOL LANE.