5, OAK DRIVE, ALVASTON, DERBY, DE24 0FS - £185,000

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.

5 OAK DRIVE is a very small semi-detached house of 74m², built sometime between 1950 and 1966, which could now be worth an estimated £214,300. It was last sold for £185,000 in January 2022, which was around 2% above the average January 2022 semi-detached price in the City of Derby local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

5 OAK DRIVE Sold Prices

Land registry data shows two sales for 5 OAK DRIVE 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. Both of the two 5 OAK DRIVE 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
2022 28 JAN	£185,000	£180,557	2% above HPI
2000 16 NOV	£64,950	£49,388	32% above HPI

5 OAK DRIVE 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 5 OAK DRIVE sales from November 2000 and January 2022 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 November 2000 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the January 2022 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 5 OAK DRIVE be worth now?

5 OAK DRIVE might now be worth an estimated £214,300.

This is based on house price inflation of 15.8%, between January 2022 and June 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 15.8% inflationary increase is applied to the most recent sale price for 5 OAK DRIVE of £185,000 on 28th January 2022. For the value to have increased from £185,000 to £214,300 over the two years and seven months to June 2025, the following assumptions must hold true:

• The value of 5 OAK DRIVE has moved in line with the HPI for semi-detached houses in the City of Derby local authority area.
• The January 2022 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 5 OAK DRIVE has not materially changed since January 2022.

How Large is 5 OAK DRIVE?

5 OAK DRIVE is 74m² according to the EPC inspection conducted in June 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 5 OAK DRIVE lies on this distribution: 14% of semi-detached houses houses are smaller than 5 OAK DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Derby.

5 OAK DRIVE: Plot and Title Map

5 OAK DRIVE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 5 OAK 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 5 OAK 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 5 OAK DRIVE?

5 OAK DRIVE is located in ALVASTON, in the DE24 postcode district. The below map shows the position of No. 5 on OAK DRIVE.