2, DERRINGTON LEYS, ALVASTON, DERBY, DE24 0SB - £115,000

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.

2 DERRINGTON LEYS is a very small semi-detached house of 45m², built sometime between 1983 and 1990, which could now be worth an estimated £154,982. It was last sold for £115,000 in November 2018, which was around 26% below the average November 2018 semi-detached price in the City of Derby local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

2 DERRINGTON LEYS Sold Prices

Land registry data shows four sales for 2 DERRINGTON LEYS 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 2 DERRINGTON LEYS 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
2018 8 NOV	£115,000	£155,196	26% below HPI
2013 17 JUL	£100,000	£124,045	19% below HPI
2001 17 APR	£49,400	£50,620	2% below HPI
1997 27 JUN	£35,500	£38,609	8% below HPI

2 DERRINGTON LEYS 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 2 DERRINGTON LEYS sales between June 1997 and November 2018 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 2013 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2018 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 2 DERRINGTON LEYS be worth now?

2 DERRINGTON LEYS might now be worth an estimated £154,982.

This is based on house price inflation of 34.8%, between November 2018 and June 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 34.8% inflationary increase is applied to the most recent sale price for 2 DERRINGTON LEYS of £115,000 on 8th November 2018. For the value to have increased from £115,000 to £154,982 over the seven years and five months to June 2025, the following assumptions must hold true:

• The value of 2 DERRINGTON LEYS has moved in line with the HPI for semi-detached houses in the City of Derby local authority area.
• The November 2018 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 2 DERRINGTON LEYS has not materially changed since November 2018.

How Large is 2 DERRINGTON LEYS?

2 DERRINGTON LEYS is 45m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% 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 2 DERRINGTON LEYS lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 2 DERRINGTON LEYS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 DERRINGTON LEYS: Plot and Title Map

2 DERRINGTON LEYS sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 2 DERRINGTON LEYS, 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 2 DERRINGTON LEYS). 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 2 DERRINGTON LEYS?

2 DERRINGTON LEYS is located in ALVASTON, in the DE24 postcode district. The below map shows the position of No. 2 on DERRINGTON LEYS.