12, WOODCHESTER DRIVE, ALVASTON, DERBY, DE24 0TN - £75,000

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 WOODCHESTER DRIVE is a very small terraced house of 48m², built sometime between 1976 and 1982, which could now be worth an estimated £131,379. It was last sold for £75,000 in July 2011, which was around 20% below the average July 2011 terraced price in the City of Derby local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was D.

12 WOODCHESTER DRIVE Sold Prices

Land registry data shows two sales for 12 WOODCHESTER DRIVE 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 12 WOODCHESTER DRIVE 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
2011 4 JUL	£75,000	£93,990	20% below HPI
2007 15 JUN	£90,000	£109,562	18% below HPI

12 WOODCHESTER DRIVE 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 12 WOODCHESTER DRIVE sales from June 2007 and July 2011 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 June 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2011 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 12 WOODCHESTER DRIVE be worth now?

12 WOODCHESTER DRIVE might now be worth an estimated £131,379.

This is based on house price inflation of 75.2%, between July 2011 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 75.2% inflationary increase is applied to the most recent sale price for 12 WOODCHESTER DRIVE of £75,000 on 4th July 2011. For the value to have increased from £75,000 to £131,379 over the fourteen years and one month to June 2025, the following assumptions must hold true:

• The value of 12 WOODCHESTER DRIVE has moved in line with the HPI for terraced houses in the City of Derby local authority area.
• The July 2011 sale price of £75,000 represented a fair market value for the property.
• The size, condition, and specification of 12 WOODCHESTER DRIVE has not materially changed since July 2011.

How Large is 12 WOODCHESTER DRIVE?

12 WOODCHESTER DRIVE is 48m² according to the EPC inspection conducted in August 2009. 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 12 WOODCHESTER DRIVE lies on this distribution: 1% of terraced houses houses are smaller than 12 WOODCHESTER DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Derby.

12 WOODCHESTER DRIVE: Plot and Title Map

12 WOODCHESTER DRIVE sits on a plot of roughly 0.022 of an acre, or 91m². The below map shows the location of 12 WOODCHESTER 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 12 WOODCHESTER 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 12 WOODCHESTER DRIVE?

12 WOODCHESTER DRIVE is located in ALVASTON, in the DE24 postcode district. The below map shows the position of No. 12 on WOODCHESTER DRIVE.