49, HEREFORD ROAD, CHADDESDEN, DERBY, DE21 4EJ - £130,000

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.

49 HEREFORD ROAD is a small extended terraced house of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £150,272. It was last sold for £130,000 in August 2021, which was around 9% below the average August 2021 terraced price in the City of Derby local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was C.

49 HEREFORD ROAD Sold Prices

Land registry data shows five sales for 49 HEREFORD ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the City of Derby local authority area for the corresponding sale date. Most of the five 49 HEREFORD 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
2021 27 AUG	£130,000	£142,385	9% below HPI
2014 28 FEB	£91,500	£100,571	9% below HPI
2008 4 JAN	£123,000	£107,659	14% above HPI
2007 19 MAR	£106,000	£107,160	1% below HPI
2003 28 APR	£23,920	£60,619	61% below HPI

49 HEREFORD ROAD 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 five 49 HEREFORD ROAD sales between April 2003 and August 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 February 2014 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2021 sale, which was also at 9% below the HPI.

What might 49 HEREFORD ROAD be worth now?

49 HEREFORD ROAD might now be worth an estimated £150,272.

This is based on house price inflation of 15.6%, between August 2021 and May 2026, 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 15.6% inflationary increase is applied to the most recent sale price for 49 HEREFORD ROAD of £130,000 on 27th August 2021. For the value to have increased from £130,000 to £150,272 over the five years and three months to May 2026, the following assumptions must hold true:

• The value of 49 HEREFORD ROAD has moved in line with the HPI for terraced houses in the City of Derby local authority area.
• The August 2021 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 49 HEREFORD ROAD has not materially changed since August 2021.

How Large is 49 HEREFORD ROAD?

49 HEREFORD ROAD is 80m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the smallest 30% 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 49 HEREFORD ROAD lies on this distribution: 20% of terraced houses houses are smaller than 49 HEREFORD ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Derby.

49 HEREFORD ROAD: Plot and Title Map

49 HEREFORD ROAD sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 49 HEREFORD 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 49 HEREFORD 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 49 HEREFORD ROAD?

49 HEREFORD ROAD is located in CHADDESDEN, in the DE21 postcode district. The below map shows the position of No. 49 on HEREFORD ROAD.