38, BROADWAY, DERBY, DE22 1BQ - £315,000

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.

38 BROADWAY is a large extended detached house of 130m², built sometime between 1930 and 1949, which could now be worth an estimated £484,405. It was last sold for £315,000 in August 2014, which was around 52% above the average August 2014 detached price in the City of Derby local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was C.

38 BROADWAY Sold Prices

Land registry data shows three sales for 38 BROADWAY 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. All of the three 38 BROADWAY 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
2014 13 AUG	£315,000	£206,600	52% above HPI
2007 1 NOV	£325,000	£208,492	56% above HPI
1995 6 APR	£65,000	£64,157	1% above HPI

38 BROADWAY 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 38 BROADWAY sales between April 1995 and August 2014 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 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the August 2014 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might 38 BROADWAY be worth now?

38 BROADWAY might now be worth an estimated £484,405.

This is based on house price inflation of 53.8%, between August 2014 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 53.8% inflationary increase is applied to the most recent sale price for 38 BROADWAY of £315,000 on 13th August 2014. For the value to have increased from £315,000 to £484,405 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 38 BROADWAY has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The August 2014 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 38 BROADWAY has not materially changed since August 2014.

How Large is 38 BROADWAY?

38 BROADWAY is 130m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the largest 30% 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 38 BROADWAY lies on this distribution: 73% of detached houses houses are smaller than 38 BROADWAY, and 26% of houses are larger. Note that EPC data is not available for all properties in Derby.

38 BROADWAY: Plot and Title Map

38 BROADWAY sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 38 BROADWAY, 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 38 BROADWAY). 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 38 BROADWAY?

38 BROADWAY is located in DERBY, in the DE22 postcode district. The below map shows the position of No. 38 on BROADWAY.