24, SYDNEY ROAD, DRAYCOTT, DERBY, DE72 3PX - £99,000

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.

24 SYDNEY ROAD is a very small extended terraced house of 68m², built sometime between 1900 and 1929, which could now be worth an estimated £164,775. It was last sold for £99,000 in March 2008, which was around 2% below the average March 2008 terraced price in the Erewash local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

24 SYDNEY ROAD Sold Prices

Land registry data shows six sales for 24 SYDNEY ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Erewash local authority area for the corresponding sale date. Most of the six 24 SYDNEY 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
2008 14 MAR	£99,000	£100,655	2% below HPI
2005 29 JUL	£92,000	£91,349	1% above HPI
2004 26 MAR	£84,950	£74,769	14% above HPI
2002 12 DEC	£67,500	£56,303	20% above HPI
2000 29 JUN	£41,000	£36,169	13% above HPI
1995 5 MAY	£30,000	£29,639	1% above HPI

24 SYDNEY ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Erewash local authority area over time, sourced from the HPI. The six 24 SYDNEY ROAD sales between May 1995 and March 2008 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 2005 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2008 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 24 SYDNEY ROAD be worth now?

24 SYDNEY ROAD might now be worth an estimated £164,775.

This is based on house price inflation of 66.4%, between March 2008 and July 2026, for terraced houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 66.4% inflationary increase is applied to the most recent sale price for 24 SYDNEY ROAD of £99,000 on 14th March 2008. For the value to have increased from £99,000 to £164,775 over the seventeen years and eight months to July 2026, the following assumptions must hold true:

• The value of 24 SYDNEY ROAD has moved in line with the HPI for terraced houses in the Erewash local authority area.
• The March 2008 sale price of £99,000 represented a fair market value for the property.
• The size, condition, and specification of 24 SYDNEY ROAD has not materially changed since March 2008.

How Large is 24 SYDNEY ROAD?

24 SYDNEY ROAD is 68m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of terraced houses houses in Draycott, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Draycott, and where 24 SYDNEY ROAD lies on this distribution: 9% of terraced houses houses are smaller than 24 SYDNEY ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Draycott.

24 SYDNEY ROAD: Plot and Title Map

24 SYDNEY ROAD sits on a plot of roughly 0.017 of an acre, or 67m². The below map shows the location of 24 SYDNEY 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 24 SYDNEY 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 24 SYDNEY ROAD?

24 SYDNEY ROAD is located in DRAYCOTT, in the DE72 postcode district. The below map shows the position of No. 24 on SYDNEY ROAD.