2, STRATHMORE AVENUE, ALVASTON, DERBY, DE24 0FX - £105,000

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 STRATHMORE AVENUE is a very small detached house of 49m², built sometime between 1930 and 1949, which could now be worth an estimated £170,145. It was last sold for £105,000 in September 2013, which was around 46% below the average September 2013 detached price in the City of Derby local authority area. The most recent EPC inspection was August 2012, where the current energy rating was E, and the potential energy rating was B.

2 STRATHMORE AVENUE Sold Prices

Land registry data shows two sales for 2 STRATHMORE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Both of the two 2 STRATHMORE AVENUE 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
2013 27 SEP	£105,000	£192,677	46% below HPI
2004 8 OCT	£95,000	£188,528	50% below HPI

2 STRATHMORE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Derby local authority area over time, sourced from the HPI. The two 2 STRATHMORE AVENUE sales from October 2004 and September 2013 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 2004 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the September 2013 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 2 STRATHMORE AVENUE be worth now?

2 STRATHMORE AVENUE might now be worth an estimated £170,145.

This is based on house price inflation of 62%, between September 2013 and March 2025, for 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 62% inflationary increase is applied to the most recent sale price for 2 STRATHMORE AVENUE of £105,000 on 27th September 2013. For the value to have increased from £105,000 to £170,145 over the twelve years and six months to March 2025, the following assumptions must hold true:

• The value of 2 STRATHMORE AVENUE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The September 2013 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 2 STRATHMORE AVENUE has not materially changed since September 2013.

How Large is 2 STRATHMORE AVENUE?

2 STRATHMORE AVENUE is 49m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 10% of detached houses houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 2 STRATHMORE AVENUE lies on this distribution: 1% of detached houses houses are smaller than 2 STRATHMORE AVENUE, and 99% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 STRATHMORE AVENUE: Plot and Title Map

2 STRATHMORE AVENUE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 2 STRATHMORE AVENUE, 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 STRATHMORE AVENUE). 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 STRATHMORE AVENUE?

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