32, MAGELLAN WAY, DERBY, DE24 1AD - £230,000

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.

32 MAGELLAN WAY is a midsized semi-detached house of 105m², built sometime between 2007 and 2011, which could now be worth an estimated £239,284. It was last sold for £230,000 in December 2022, which was around 15% above the average December 2022 semi-detached price in the City of Derby local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

32 MAGELLAN WAY Sold Prices

Land registry data shows two sales for 32 MAGELLAN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the City of Derby local authority area for the corresponding sale date. Both of the two 32 MAGELLAN WAY 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
2022 1 DEC	£230,000	£200,760	15% above HPI
2007 23 NOV	£198,095	£133,162	49% above HPI

32 MAGELLAN WAY 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 two 32 MAGELLAN WAY sales from November 2007 and December 2022 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 November 2007 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the December 2022 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 32 MAGELLAN WAY be worth now?

32 MAGELLAN WAY might now be worth an estimated £239,284.

This is based on house price inflation of 4%, between December 2022 and February 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 4% inflationary increase is applied to the most recent sale price for 32 MAGELLAN WAY of £230,000 on 1st December 2022. For the value to have increased from £230,000 to £239,284 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 32 MAGELLAN WAY has moved in line with the HPI for semi-detached houses in the City of Derby local authority area.
• The December 2022 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 32 MAGELLAN WAY has not materially changed since December 2022.

How Large is 32 MAGELLAN WAY?

32 MAGELLAN WAY is 105m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 50% 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 32 MAGELLAN WAY lies on this distribution: 47% of semi-detached houses houses are smaller than 32 MAGELLAN WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Derby.

32 MAGELLAN WAY: Plot and Title Map

32 MAGELLAN WAY sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of 32 MAGELLAN WAY, 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 32 MAGELLAN WAY). 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 32 MAGELLAN WAY?

32 MAGELLAN WAY is located in DERBY, in the DE24 postcode district. The below map shows the position of No. 32 on MAGELLAN WAY.