12, THE GREEN, ALLESTREE, DERBY, DE22 2RH - £209,000

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.

12 THE GREEN is a very small detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £309,234. It was last sold for £209,000 in November 2015, which was around 3% below the average November 2015 detached price in the City of Derby local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

12 THE GREEN Sold Prices

Land registry data shows two sales for 12 THE GREEN 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 12 THE GREEN sales were for below 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
2015 11 NOV	£209,000	£214,727	3% below HPI
2008 22 DEC	£133,000	£179,892	26% below HPI

12 THE GREEN 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 12 THE GREEN sales from December 2008 and November 2015 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 2008 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2015 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 12 THE GREEN be worth now?

12 THE GREEN might now be worth an estimated £309,234.

This is based on house price inflation of 48%, between November 2015 and February 2025, for detached 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 48% inflationary increase is applied to the most recent sale price for 12 THE GREEN of £209,000 on 11th November 2015. For the value to have increased from £209,000 to £309,234 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 12 THE GREEN has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The November 2015 sale price of £209,000 represented a fair market value for the property.
• The size, condition, and specification of 12 THE GREEN has not materially changed since November 2015.

How Large is 12 THE GREEN?

12 THE GREEN is 74m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 20% of detached houses houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 12 THE GREEN lies on this distribution: 14% of detached houses houses are smaller than 12 THE GREEN, and 86% of houses are larger. Note that EPC data is not available for all properties in Derby.

12 THE GREEN: Plot and Title Map

12 THE GREEN sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 12 THE GREEN, 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 12 THE GREEN). 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 12 THE GREEN?

12 THE GREEN is located in ALLESTREE, in the DE22 postcode district. The below map shows the position of No. 12 on THE GREEN.