18, FERRERS DRIVE, CHELLASTON, DERBY, DE73 6XR - £190,000

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.

18 FERRERS DRIVE is a very small terraced house of 63m², which could now be worth an estimated £201,433. It was last sold for £190,000 in June 2022, which was around 11% above the average June 2022 terraced price in the South Derbyshire local authority area. The most recent EPC inspection was September 2018, where the current energy rating was B, and the potential energy rating was A.

18 FERRERS DRIVE Sold Prices

Land registry data shows two sales for 18 FERRERS 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 South Derbyshire local authority area for the corresponding sale date. Both of the two 18 FERRERS 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
2022 30 JUN	£190,000	£171,670	11% above HPI
2018 26 OCT	£186,950	£143,172	31% above HPI

18 FERRERS DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Derbyshire local authority area over time, sourced from the HPI. The two 18 FERRERS DRIVE sales from October 2018 and June 2022 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 October 2018 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the June 2022 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 18 FERRERS DRIVE be worth now?

18 FERRERS DRIVE might now be worth an estimated £201,433.

This is based on house price inflation of 6%, between June 2022 and June 2025, for terraced houses, in the South Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6% inflationary increase is applied to the most recent sale price for 18 FERRERS DRIVE of £190,000 on 30th June 2022. For the value to have increased from £190,000 to £201,433 over the three years to June 2025, the following assumptions must hold true:

• The value of 18 FERRERS DRIVE has moved in line with the HPI for terraced houses in the South Derbyshire local authority area.
• The June 2022 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 18 FERRERS DRIVE has not materially changed since June 2022.

How Large is 18 FERRERS DRIVE?

18 FERRERS DRIVE is 63m² according to the EPC inspection conducted in September 2018. 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 18 FERRERS DRIVE lies on this distribution: 6% of terraced houses houses are smaller than 18 FERRERS DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Derby.

18 FERRERS DRIVE: Plot and Title Map

18 FERRERS DRIVE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 18 FERRERS 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 18 FERRERS 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 18 FERRERS DRIVE?

18 FERRERS DRIVE is located in CHELLASTON, in the DE73 postcode district. The below map shows the position of No. 18 on FERRERS DRIVE.