1, NORTH PARADE, DERBY, DE1 3AY - £272,500

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.

1 NORTH PARADE is a very small terraced house of 51m², built sometime before 1900, which could now be worth an estimated £327,028. It was last sold for £272,500 in May 2021, which was around 99% above the average May 2021 terraced price in the City of Derby local authority area. The most recent EPC inspection was February 2012, where the current energy rating was E, and the potential energy rating was D.

1 NORTH PARADE Sold Prices

Land registry data shows four sales for 1 NORTH PARADE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the City of Derby local authority area for the corresponding sale date. All of the four 1 NORTH PARADE 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 28 MAY	£272,500	£137,145	99% above HPI
2013 13 DEC	£242,000	£97,954	147% above HPI
2003 28 MAR	£159,950	£60,819	163% above HPI
2001 30 NOV	£68,000	£43,082	58% above HPI

1 NORTH PARADE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the City of Derby local authority area over time, sourced from the HPI. The four 1 NORTH PARADE sales between November 2001 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 December 2013 sale was for 147% above the HPI. So the extrapolation line tracks at 147% above the HPI over time, until the May 2021 sale, where it falls to 99% above the HPI. The line then continues to track at 99% above the HPI.

What might 1 NORTH PARADE be worth now?

1 NORTH PARADE might now be worth an estimated £327,028.

This is based on house price inflation of 20%, between May 2021 and May 2026, for terraced 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 20% inflationary increase is applied to the most recent sale price for 1 NORTH PARADE of £272,500 on 28th May 2021. For the value to have increased from £272,500 to £327,028 over the five years to May 2026, the following assumptions must hold true:

• The value of 1 NORTH PARADE has moved in line with the HPI for terraced houses in the City of Derby local authority area.
• The May 2021 sale price of £272,500 represented a fair market value for the property.
• The size, condition, and specification of 1 NORTH PARADE has not materially changed since May 2021.

How Large is 1 NORTH PARADE?

1 NORTH PARADE is 51m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% of terraced houses houses in Derby, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Derby, and where 1 NORTH PARADE lies on this distribution: 1% of terraced houses houses are smaller than 1 NORTH PARADE, and 99% of houses are larger. Note that EPC data is not available for all properties in Derby.

1 NORTH PARADE: Plot and Title Map

1 NORTH PARADE sits on a plot of roughly 0.032 of an acre, or 128m². The below map shows the location of 1 NORTH PARADE, 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 NORTH PARADE). 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 NORTH PARADE?

1 NORTH PARADE is located in DERBY, in the DE1 postcode district. The below map shows the position of No. 1 on NORTH PARADE.