6, SPINNEYBROOK WAY, MICKLEOVER, DERBY, DE3 0DQ - £347,500

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.

6 SPINNEYBROOK WAY is a very large extended detached house of 161m², built sometime between 1996 and 2002, which could now be worth an estimated £525,152. It was last sold for £347,500 in August 2014, which was around 68% above the average August 2014 detached price in the City of Derby local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

6 SPINNEYBROOK WAY Sold Prices

Land registry data shows two sales for 6 SPINNEYBROOK WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Both of the two 6 SPINNEYBROOK WAY 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
2014 29 AUG	£347,500	£206,600	68% above HPI
2001 31 OCT	£203,450	£97,772	108% above HPI

6 SPINNEYBROOK WAY 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 two 6 SPINNEYBROOK WAY sales from October 2001 and August 2014 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 October 2001 sale was for 108% above the HPI. So the extrapolation line tracks at 108% above the HPI over time, until the August 2014 sale, where it falls to 68% above the HPI. The line then continues to track at 68% above the HPI.

What might 6 SPINNEYBROOK WAY be worth now?

6 SPINNEYBROOK WAY might now be worth an estimated £525,152.

This is based on house price inflation of 51.1%, between August 2014 and March 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 51.1% inflationary increase is applied to the most recent sale price for 6 SPINNEYBROOK WAY of £347,500 on 29th August 2014. For the value to have increased from £347,500 to £525,152 over the eleven years and five months to March 2025, the following assumptions must hold true:

• The value of 6 SPINNEYBROOK WAY has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The August 2014 sale price of £347,500 represented a fair market value for the property.
• The size, condition, and specification of 6 SPINNEYBROOK WAY has not materially changed since August 2014.

How Large is 6 SPINNEYBROOK WAY?

6 SPINNEYBROOK WAY is 161m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 20% 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 6 SPINNEYBROOK WAY lies on this distribution: 88% of detached houses houses are smaller than 6 SPINNEYBROOK WAY, and 12% of houses are larger. Note that EPC data is not available for all properties in Derby.

6 SPINNEYBROOK WAY: Plot and Title Map

6 SPINNEYBROOK WAY sits on a plot of roughly 0.128 of an acre, or 516m². The below map shows the location of 6 SPINNEYBROOK WAY, 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 6 SPINNEYBROOK WAY). 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 6 SPINNEYBROOK WAY?

6 SPINNEYBROOK WAY is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 6 on SPINNEYBROOK WAY.