38, STATION ROAD, DRAYCOTT, DERBY, DE72 3QB - £100,000

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 STATION ROAD is a very small semi-detached house of 80m², built sometime before 1900, which could now be worth an estimated £155,460. It was last sold for £100,000 in August 2015, which was around 27% below the average August 2015 semi-detached price in the Erewash local authority area. The most recent EPC inspection was February 2009, where the current energy rating was E, and the potential energy rating was E.

38 STATION ROAD Sold Prices

Land registry data shows three sales for 38 STATION ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Erewash local authority area for the corresponding sale date. All of the three 38 STATION ROAD sales were for 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
2015 28 AUG	£100,000	£136,106	27% below HPI
2006 30 JUN	£82,000	£118,288	31% below HPI
1997 24 FEB	£22,000	£38,957	44% below HPI

38 STATION ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Erewash local authority area over time, sourced from the HPI. The three 38 STATION ROAD sales between February 1997 and August 2015 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 June 2006 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2015 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 38 STATION ROAD be worth now?

38 STATION ROAD might now be worth an estimated £155,460.

This is based on house price inflation of 55.5%, between August 2015 and February 2025, for semi-detached 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 55.5% inflationary increase is applied to the most recent sale price for 38 STATION ROAD of £100,000 on 28th August 2015. For the value to have increased from £100,000 to £155,460 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 38 STATION ROAD has moved in line with the HPI for semi-detached houses in the Erewash local authority area.
• The August 2015 sale price of £100,000 represented a fair market value for the property.
• The size, condition, and specification of 38 STATION ROAD has not materially changed since August 2015.

How Large is 38 STATION ROAD?

38 STATION ROAD is 80m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 20% of semi-detached houses houses in Draycott, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Draycott, and where 38 STATION ROAD lies on this distribution: 16% of semi-detached houses houses are smaller than 38 STATION ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Draycott.

38 STATION ROAD: Plot and Title Map

38 STATION ROAD sits on a plot of roughly 0.028 of an acre, or 115m². The below map shows the location of 38 STATION 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 38 STATION 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 38 STATION ROAD?

38 STATION ROAD is located in DRAYCOTT, in the DE72 postcode district. The below map shows the position of No. 38 on STATION ROAD.