48, GASCOIGNE DRIVE, SPONDON, DERBY, DE21 7GL - £97,000

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.

48 GASCOIGNE DRIVE is a very small terraced house of 50m², built sometime between 1983 and 1990, which could now be worth an estimated £136,982. It was last sold for £97,000 in March 2018, which was around 17% below the average March 2018 terraced price in the City of Derby local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

48 GASCOIGNE DRIVE Sold Prices

Land registry data shows two sales for 48 GASCOIGNE DRIVE 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 48 GASCOIGNE DRIVE 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
2018 12 MAR	£97,000	£116,588	17% below HPI
2016 24 MAR	£76,000	£108,376	30% below HPI

48 GASCOIGNE DRIVE 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 48 GASCOIGNE DRIVE sales from March 2016 and March 2018 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 2016 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2018 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 48 GASCOIGNE DRIVE be worth now?

48 GASCOIGNE DRIVE might now be worth an estimated £136,982.

This is based on house price inflation of 41.2%, between March 2018 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 41.2% inflationary increase is applied to the most recent sale price for 48 GASCOIGNE DRIVE of £97,000 on 12th March 2018. For the value to have increased from £97,000 to £136,982 over the six years and nine months to June 2025, the following assumptions must hold true:

• The value of 48 GASCOIGNE DRIVE has moved in line with the HPI for terraced houses in the City of Derby local authority area.
• The March 2018 sale price of £97,000 represented a fair market value for the property.
• The size, condition, and specification of 48 GASCOIGNE DRIVE has not materially changed since March 2018.

How Large is 48 GASCOIGNE DRIVE?

48 GASCOIGNE DRIVE is 50m² according to the EPC inspection conducted in December 2015. 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 48 GASCOIGNE DRIVE lies on this distribution: 1% of terraced houses houses are smaller than 48 GASCOIGNE DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Derby.

48 GASCOIGNE DRIVE: Plot and Title Map

48 GASCOIGNE DRIVE sits on a plot of roughly 2.2 acres, or 8,740m². The below map shows the location of 48 GASCOIGNE DRIVE, 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 48 GASCOIGNE DRIVE). 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 48 GASCOIGNE DRIVE?

48 GASCOIGNE DRIVE is located in SPONDON, in the DE21 postcode district. The below map shows the position of No. 48 on GASCOIGNE DRIVE.