41, FARNEWORTH ROAD, MICKLEOVER, DERBY, DE3 0ET - £193,000

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.

41 FARNEWORTH ROAD is a very small semi-detached house of 72m², built sometime between 1983 and 1990, which could now be worth an estimated £221,912. It was last sold for £193,000 in November 2021, which was around 6% above the average November 2021 semi-detached price in the City of Derby local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

41 FARNEWORTH ROAD Sold Prices

Land registry data shows two sales for 41 FARNEWORTH ROAD 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. One of the two 41 FARNEWORTH ROAD sales was for above the average price, whilst the other was 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
2021 17 NOV	£193,000	£181,652	6% above HPI
2011 1 JUL	£98,400	£116,552	16% below HPI

41 FARNEWORTH ROAD 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 41 FARNEWORTH ROAD sales from July 2011 and November 2021 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 2011 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2021 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 41 FARNEWORTH ROAD be worth now?

41 FARNEWORTH ROAD might now be worth an estimated £221,912.

This is based on house price inflation of 15%, between November 2021 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 15% inflationary increase is applied to the most recent sale price for 41 FARNEWORTH ROAD of £193,000 on 17th November 2021. For the value to have increased from £193,000 to £221,912 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 41 FARNEWORTH ROAD has moved in line with the HPI for semi-detached houses in the City of Derby local authority area.
• The November 2021 sale price of £193,000 represented a fair market value for the property.
• The size, condition, and specification of 41 FARNEWORTH ROAD has not materially changed since November 2021.

How Large is 41 FARNEWORTH ROAD?

41 FARNEWORTH ROAD is 72m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 20% 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 41 FARNEWORTH ROAD lies on this distribution: 13% of semi-detached houses houses are smaller than 41 FARNEWORTH ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Derby.

41 FARNEWORTH ROAD: Plot and Title Map

41 FARNEWORTH ROAD sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 41 FARNEWORTH 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 41 FARNEWORTH 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 41 FARNEWORTH ROAD?

41 FARNEWORTH ROAD is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 41 on FARNEWORTH ROAD.