26, HOBSON DRIVE, SPONDON, DERBY, DE21 7TU - £241,000

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.

26 HOBSON DRIVE is a midsized extended detached house of 112m², built sometime between 1996 and 2002, which could now be worth an estimated £294,693. It was last sold for £241,000 in November 2020, which was around 7% below the average November 2020 detached price in the City of Derby local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

26 HOBSON DRIVE Sold Prices

Land registry data shows four sales for 26 HOBSON DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. two of the four 26 HOBSON DRIVE sales were for below the average price, and four 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
2020 27 NOV	£241,000	£259,822	7% below HPI
2018 31 MAY	£245,000	£234,109	5% above HPI
2016 15 APR	£196,500	£216,815	9% below HPI
2008 5 MAR	£205,000	£202,673	1% above HPI

26 HOBSON 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 four 26 HOBSON DRIVE sales between March 2008 and November 2020 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 May 2018 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the November 2020 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 26 HOBSON DRIVE be worth now?

26 HOBSON DRIVE might now be worth an estimated £294,693.

This is based on house price inflation of 22.3%, between November 2020 and February 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 22.3% inflationary increase is applied to the most recent sale price for 26 HOBSON DRIVE of £241,000 on 27th November 2020. For the value to have increased from £241,000 to £294,693 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 26 HOBSON DRIVE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The November 2020 sale price of £241,000 represented a fair market value for the property.
• The size, condition, and specification of 26 HOBSON DRIVE has not materially changed since November 2020.

How Large is 26 HOBSON DRIVE?

26 HOBSON DRIVE is 112m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 50% 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 26 HOBSON DRIVE lies on this distribution: 55% of detached houses houses are smaller than 26 HOBSON DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Derby.

26 HOBSON DRIVE: Plot and Title Map

26 HOBSON DRIVE sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 26 HOBSON 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 26 HOBSON 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 26 HOBSON DRIVE?

26 HOBSON DRIVE is located in SPONDON, in the DE21 postcode district. The below map shows the position of No. 26 on HOBSON DRIVE.