24, PARKFIELDS DRIVE, DERBY, DE22 1HH - £490,000

24 PARKFIELDS DRIVE is a large detached house of 120m², built sometime between 2003 and 2006. It was last sold for £490,000 in January 2023, which was around 55% above the average January 2023 detached price in the City of Derby local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

24 PARKFIELDS DRIVE Sold Prices

Land registry data shows three sales for 24 PARKFIELDS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. The three 24 PARKFIELDS DRIVE sales were a mix of above the average price, roughly equal to the average price, and 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
2023 6 JAN	£490,000	£315,648	55% above HPI
2021 1 APR	£270,000	£269,871	Close to HPI
2019 12 AUG	£210,000	£246,642	15% below HPI

24 PARKFIELDS DRIVE 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 three 24 PARKFIELDS DRIVE sales between August 2019 and January 2023 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 2021 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the January 2023 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is 24 PARKFIELDS DRIVE?

24 PARKFIELDS DRIVE is 120m² according to the EPC inspection conducted in September 2022. This puts it in the largest 40% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 24 PARKFIELDS DRIVE lies on this distribution: 64% of detached houses are smaller than 24 PARKFIELDS DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Derby.

24 PARKFIELDS DRIVE: Plot and Title Map

24 PARKFIELDS DRIVE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 24 PARKFIELDS 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 24 PARKFIELDS 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 24 PARKFIELDS DRIVE?

24 PARKFIELDS DRIVE is located in DERBY, in the DE22 postcode district. The below map shows the position of No. 24 on PARKFIELDS DRIVE.