1, ORCHARD STREET, MICKLEOVER, DERBY, DE3 0DF - £301,500

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 ORCHARD STREET is a very small extended terraced house of 68m², built sometime between 1900 and 1929, which could now be worth an estimated £395,492. It was last sold for £301,500 in July 2020, which was around 140% above the average July 2020 terraced price in the City of Derby local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

1 ORCHARD STREET Sold Prices

Land registry data shows two sales for 1 ORCHARD STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the City of Derby local authority area for the corresponding sale date. Both of the two 1 ORCHARD STREET 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 1 JUL	£301,500	£125,515	140% above HPI
2014 11 FEB	£150,500	£100,571	50% above HPI

1 ORCHARD STREET 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 two 1 ORCHARD STREET sales from February 2014 and July 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 2014 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the July 2020 sale, where it rises to 140% above the HPI. The line then continues to track at 140% above the HPI.

What might 1 ORCHARD STREET be worth now?

1 ORCHARD STREET might now be worth an estimated £395,492.

This is based on house price inflation of 31.2%, between July 2020 and June 2025, 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 31.2% inflationary increase is applied to the most recent sale price for 1 ORCHARD STREET of £301,500 on 1st July 2020. For the value to have increased from £301,500 to £395,492 over the five years and one month to June 2025, the following assumptions must hold true:

• The value of 1 ORCHARD STREET has moved in line with the HPI for terraced houses in the City of Derby local authority area.
• The July 2020 sale price of £301,500 represented a fair market value for the property.
• The size, condition, and specification of 1 ORCHARD STREET has not materially changed since July 2020.

How Large is 1 ORCHARD STREET?

1 ORCHARD STREET is 68m², which includes one extension, according to the EPC inspection conducted in June 2017. 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 ORCHARD STREET lies on this distribution: 9% of terraced houses houses are smaller than 1 ORCHARD STREET, and 90% of houses are larger. Note that EPC data is not available for all properties in Derby.

1 ORCHARD STREET: Plot and Title Map

1 ORCHARD STREET sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 1 ORCHARD STREET, 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 ORCHARD STREET). 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 ORCHARD STREET?

1 ORCHARD STREET is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 1 on ORCHARD STREET.