10, CEDAR DRIVE, OCKBROOK, DERBY, DE72 3SJ - £405,000

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.

10 CEDAR DRIVE is a midsized detached house of 105m², built sometime between 1950 and 1966, which could now be worth an estimated £510,673. It was last sold for £405,000 in June 2020, which was around 58% above the average June 2020 detached price in the Erewash local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

10 CEDAR DRIVE Sold Prices

Land registry data shows two sales for 10 CEDAR DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two 10 CEDAR DRIVE 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 3 JUN	£405,000	£256,706	58% above HPI
2017 15 SEP	£300,000	£232,632	29% above HPI

10 CEDAR DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 10 CEDAR DRIVE sales from September 2017 and June 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 September 2017 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the June 2020 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might 10 CEDAR DRIVE be worth now?

10 CEDAR DRIVE might now be worth an estimated £510,673.

This is based on house price inflation of 26.1%, between June 2020 and April 2026, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.1% inflationary increase is applied to the most recent sale price for 10 CEDAR DRIVE of £405,000 on 3rd June 2020. For the value to have increased from £405,000 to £510,673 over the six years and two months to April 2026, the following assumptions must hold true:

• The value of 10 CEDAR DRIVE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The June 2020 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 10 CEDAR DRIVE has not materially changed since June 2020.

How Large is 10 CEDAR DRIVE?

10 CEDAR DRIVE is 105m² according to the EPC inspection conducted in September 2019. This puts it in the largest 50% of detached houses houses in Ockbrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ockbrook, and where 10 CEDAR DRIVE lies on this distribution: 55% of detached houses houses are smaller than 10 CEDAR DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Ockbrook.

10 CEDAR DRIVE: Plot and Title Map

10 CEDAR DRIVE sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of 10 CEDAR DRIVE, 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 10 CEDAR DRIVE). 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 10 CEDAR DRIVE?

10 CEDAR DRIVE is located in OCKBROOK, in the DE72 postcode district. The below map shows the position of No. 10 on CEDAR DRIVE.