1, NEW CHESTNUT PLACE, DERBY, DE23 1JT - £325,000

1 NEW CHESTNUT PLACE is a midsized detached house of 115m², built sometime from 2007 onwards. It was last sold for £325,000 in February 2020, which was around 32% above the average February 2020 detached price in the City of Derby local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

1 NEW CHESTNUT PLACE Sold Prices

Land registry data shows two sales for 1 NEW CHESTNUT PLACE 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 1 NEW CHESTNUT PLACE 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
2020 27 FEB	£325,000	£246,223	32% above HPI
2008 8 FEB	£274,950	£207,436	33% above HPI

1 NEW CHESTNUT PLACE 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 1 NEW CHESTNUT PLACE sales from February 2008 and February 2020 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 February 2008 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the February 2020 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 1 NEW CHESTNUT PLACE?

1 NEW CHESTNUT PLACE is 115m² according to the EPC inspection conducted in June 2017. This puts it in the largest 50% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 1 NEW CHESTNUT PLACE lies on this distribution: 59% of detached houses are smaller than 1 NEW CHESTNUT PLACE, and 40% of houses are larger. Note that EPC data is not available for all properties in Derby.

1 NEW CHESTNUT PLACE: Plot and Title Map

1 NEW CHESTNUT PLACE sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 1 NEW CHESTNUT PLACE, 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 1 NEW CHESTNUT PLACE). 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 1 NEW CHESTNUT PLACE?

1 NEW CHESTNUT PLACE is located in DERBY, in the DE23 postcode district. The below map shows the position of No. 1 on NEW CHESTNUT PLACE.