4B, WELSHPOOL ROAD, DERBY, DE21 4DB - £139,000

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.

4B WELSHPOOL ROAD is a very small extended detached house of 64m², built sometime from 2007 onwards, which could now be worth an estimated £178,985. It was last sold for £139,000 in June 2020, which was around 44% below the average June 2020 detached price in the City of Derby local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

4B WELSHPOOL ROAD Sold Prices

Land registry data shows three sales for 4B WELSHPOOL ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the three 4B WELSHPOOL 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
2020 22 JUN	£139,000	£246,833	44% below HPI
2016 17 FEB	£117,000	£216,484	46% below HPI
2009 18 MAY	£94,500	£168,328	44% below HPI

4B WELSHPOOL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Derby local authority area over time, sourced from the HPI. The three 4B WELSHPOOL ROAD sales between May 2009 and June 2020 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 2016 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the June 2020 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 4B WELSHPOOL ROAD be worth now?

4B WELSHPOOL ROAD might now be worth an estimated £178,985.

This is based on house price inflation of 28.8%, between June 2020 and June 2025, for 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 28.8% inflationary increase is applied to the most recent sale price for 4B WELSHPOOL ROAD of £139,000 on 22nd June 2020. For the value to have increased from £139,000 to £178,985 over the five years to June 2025, the following assumptions must hold true:

• The value of 4B WELSHPOOL ROAD has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The June 2020 sale price of £139,000 represented a fair market value for the property.
• The size, condition, and specification of 4B WELSHPOOL ROAD has not materially changed since June 2020.

How Large is 4B WELSHPOOL ROAD?

4B WELSHPOOL ROAD is 64m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of detached houses houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 4B WELSHPOOL ROAD lies on this distribution: 7% of detached houses houses are smaller than 4B WELSHPOOL ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Derby.

4B WELSHPOOL ROAD: Plot and Title Map

4B WELSHPOOL ROAD sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 4B WELSHPOOL 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 4B WELSHPOOL 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 4B WELSHPOOL ROAD?

4B WELSHPOOL ROAD is located in DERBY, in the DE21 postcode district. The below map shows the position of No. 4B on WELSHPOOL ROAD.