16, MINSTER ROAD, OAKWOOD, DERBY, DE21 2BH - £205,000

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 MINSTER ROAD is a very small semi-detached house of 71m², built sometime between 1976 and 1982, which could now be worth an estimated £262,626. It was last sold for £205,000 in November 2020, which was around 24% above the average November 2020 semi-detached price in the City of Derby local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

16 MINSTER ROAD Sold Prices

Land registry data shows four sales for 16 MINSTER ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the City of Derby local authority area for the corresponding sale date. All of the four 16 MINSTER ROAD 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 NOV	£205,000	£165,204	24% above HPI
2018 11 APR	£181,500	£148,171	22% above HPI
2011 20 JUN	£141,000	£114,396	23% above HPI
2006 14 DEC	£144,000	£130,587	10% above HPI

16 MINSTER ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the City of Derby local authority area over time, sourced from the HPI. The four 16 MINSTER ROAD sales between December 2006 and November 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 April 2018 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the November 2020 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 16 MINSTER ROAD be worth now?

16 MINSTER ROAD might now be worth an estimated £262,626.

This is based on house price inflation of 28.1%, between November 2020 and July 2025, for semi-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 28.1% inflationary increase is applied to the most recent sale price for 16 MINSTER ROAD of £205,000 on 26th November 2020. For the value to have increased from £205,000 to £262,626 over the five years and four months to July 2025, the following assumptions must hold true:

• The value of 16 MINSTER ROAD has moved in line with the HPI for semi-detached houses in the City of Derby local authority area.
• The November 2020 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MINSTER ROAD has not materially changed since November 2020.

How Large is 16 MINSTER ROAD?

16 MINSTER ROAD is 71m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of semi-detached houses houses in Derby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Derby, and where 16 MINSTER ROAD lies on this distribution: 12% of semi-detached houses houses are smaller than 16 MINSTER ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Derby.

16 MINSTER ROAD: Plot and Title Map

16 MINSTER ROAD sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 16 MINSTER ROAD, 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 MINSTER ROAD). 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 MINSTER ROAD?

16 MINSTER ROAD is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 16 on MINSTER ROAD.