16, MARQUIS GARDENS, CHELLASTON, DERBY, DE73 5WD - £235,000

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.

16 MARQUIS GARDENS is a midsized extended terraced house of 103m², built sometime from 2007 onwards, which could now be worth an estimated £314,474. It was last sold for £235,000 in June 2020, which was around 91% above the average June 2020 terraced price in the City of Derby local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

16 MARQUIS GARDENS Sold Prices

Land registry data shows three sales for 16 MARQUIS GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the City of Derby local authority area for the corresponding sale date. All of the three 16 MARQUIS GARDENS 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 26 JUN	£235,000	£123,035	91% above HPI
2016 28 JUL	£200,000	£114,456	75% above HPI
2004 30 JUN	£147,495	£86,531	70% above HPI

16 MARQUIS GARDENS 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 three 16 MARQUIS GARDENS sales between June 2004 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 July 2016 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the June 2020 sale, where it rises to 91% above the HPI. The line then continues to track at 91% above the HPI.

What might 16 MARQUIS GARDENS be worth now?

16 MARQUIS GARDENS might now be worth an estimated £314,474.

This is based on house price inflation of 33.8%, between June 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 33.8% inflationary increase is applied to the most recent sale price for 16 MARQUIS GARDENS of £235,000 on 26th June 2020. For the value to have increased from £235,000 to £314,474 over the five years to June 2025, the following assumptions must hold true:

• The value of 16 MARQUIS GARDENS has moved in line with the HPI for terraced houses in the City of Derby local authority area.
• The June 2020 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MARQUIS GARDENS has not materially changed since June 2020.

How Large is 16 MARQUIS GARDENS?

16 MARQUIS GARDENS is 103m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 50% 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 16 MARQUIS GARDENS lies on this distribution: 45% of terraced houses houses are smaller than 16 MARQUIS GARDENS, and 54% of houses are larger. Note that EPC data is not available for all properties in Derby.

16 MARQUIS GARDENS: Plot and Title Map

16 MARQUIS GARDENS sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 16 MARQUIS GARDENS, 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 16 MARQUIS GARDENS). 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 16 MARQUIS GARDENS?

16 MARQUIS GARDENS is located in CHELLASTON, in the DE73 postcode district. The below map shows the position of No. 16 on MARQUIS GARDENS.