5, ROYAL PARK DRIVE, SHELTON LOCK, DERBY, DE24 9SH - £176,000

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 ROYAL PARK DRIVE is a midsized semi-detached house of 114m², which could now be worth an estimated £269,423. It was last sold for £176,000 in October 2015, which was around 29% above the average October 2015 semi-detached price in the City of Derby local authority area. The most recent EPC inspection was January 2013, where the current energy rating was B, and the potential energy rating was B.

5 ROYAL PARK DRIVE Sold Prices

Land registry data shows two sales for 5 ROYAL PARK 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 ROYAL PARK 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
2015 16 OCT	£176,000	£136,440	29% above HPI
2013 6 DEC	£179,950	£122,536	47% above HPI

5 ROYAL PARK 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 ROYAL PARK DRIVE sales from December 2013 and October 2015 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 December 2013 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the October 2015 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 5 ROYAL PARK DRIVE be worth now?

5 ROYAL PARK DRIVE might now be worth an estimated £269,423.

This is based on house price inflation of 53.1%, between October 2015 and February 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 53.1% inflationary increase is applied to the most recent sale price for 5 ROYAL PARK DRIVE of £176,000 on 16th October 2015. For the value to have increased from £176,000 to £269,423 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 ROYAL PARK DRIVE has moved in line with the HPI for semi-detached houses in the City of Derby local authority area.
• The October 2015 sale price of £176,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ROYAL PARK DRIVE has not materially changed since October 2015.

How Large is 5 ROYAL PARK DRIVE?

5 ROYAL PARK DRIVE is 114m² according to the EPC inspection conducted in January 2013. This puts it in the largest 50% 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 ROYAL PARK DRIVE lies on this distribution: 57% of semi-detached houses houses are smaller than 5 ROYAL PARK DRIVE, and 42% of houses are larger. Note that EPC data is not available for all properties in Derby.

5 ROYAL PARK DRIVE: Plot and Title Map

5 ROYAL PARK DRIVE sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 5 ROYAL PARK 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 ROYAL PARK 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 ROYAL PARK DRIVE?

5 ROYAL PARK DRIVE is located in SHELTON LOCK, in the DE24 postcode district. The below map shows the position of No. 5 on ROYAL PARK DRIVE.