42, PARK GROVE, DERBY, DE22 1HF - £223,000

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.

42 PARK GROVE is a very small terraced house of 35m², built sometime between 1900 and 1929, which could now be worth an estimated £338,780. It was last sold for £223,000 in March 2016, which was around 106% above the average March 2016 terraced price in the City of Derby local authority area. The most recent EPC inspection was June 2009, where the current energy rating was E, and the potential energy rating was D.

42 PARK GROVE Sold Prices

Land registry data shows two sales for 42 PARK GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the City of Derby local authority area for the corresponding sale date. Both of the two 42 PARK GROVE 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
2016 31 MAR	£223,000	£108,376	106% above HPI
2008 19 MAR	£190,000	£105,533	80% above HPI

42 PARK GROVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the City of Derby local authority area over time, sourced from the HPI. The two 42 PARK GROVE sales from March 2008 and March 2016 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 March 2008 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the March 2016 sale, where it rises to 106% above the HPI. The line then continues to track at 106% above the HPI.

What might 42 PARK GROVE be worth now?

42 PARK GROVE might now be worth an estimated £338,780.

This is based on house price inflation of 51.9%, between March 2016 and June 2025, for terraced 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 51.9% inflationary increase is applied to the most recent sale price for 42 PARK GROVE of £223,000 on 31st March 2016. For the value to have increased from £223,000 to £338,780 over the eight years and nine months to June 2025, the following assumptions must hold true:

• The value of 42 PARK GROVE has moved in line with the HPI for terraced houses in the City of Derby local authority area.
• The March 2016 sale price of £223,000 represented a fair market value for the property.
• The size, condition, and specification of 42 PARK GROVE has not materially changed since March 2016.

How Large is 42 PARK GROVE?

42 PARK GROVE is 35m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 10% of terraced houses houses in Derby, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Derby, and where 42 PARK GROVE lies on this distribution: Less than 1% of terraced houses houses are smaller than 42 PARK GROVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Derby.

42 PARK GROVE: Plot and Title Map

42 PARK GROVE sits on a plot of roughly 0.025 of an acre, or 103m². The below map shows the location of 42 PARK GROVE, 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 42 PARK GROVE). 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 42 PARK GROVE?

42 PARK GROVE is located in DERBY, in the DE22 postcode district. The below map shows the position of No. 42 on PARK GROVE.