7, ROYAL PARK DRIVE, SHELTON LOCK, DERBY, DE24 9SH - £175,500

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.

7 ROYAL PARK DRIVE is a very small terraced house of 79m², which could now be worth an estimated £219,229. It was last sold for £175,500 in December 2020, which was around 33% above the average December 2020 terraced price in the City of Derby local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.

7 ROYAL PARK DRIVE Sold Prices

Land registry data shows three sales for 7 ROYAL PARK DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the City of Derby local authority area for the corresponding sale date. All of the three 7 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
2020 11 DEC	£175,500	£131,803	33% above HPI
2016 24 JUN	£160,000	£112,371	42% above HPI
2013 20 DEC	£152,500	£97,954	56% above HPI

7 ROYAL PARK DRIVE 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 three 7 ROYAL PARK DRIVE sales between December 2013 and December 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 June 2016 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the December 2020 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 7 ROYAL PARK DRIVE be worth now?

7 ROYAL PARK DRIVE might now be worth an estimated £219,229.

This is based on house price inflation of 24.9%, between December 2020 and June 2025, 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 24.9% inflationary increase is applied to the most recent sale price for 7 ROYAL PARK DRIVE of £175,500 on 11th December 2020. For the value to have increased from £175,500 to £219,229 over the five years and six months to June 2025, the following assumptions must hold true:

• The value of 7 ROYAL PARK DRIVE has moved in line with the HPI for terraced houses in the City of Derby local authority area.
• The December 2020 sale price of £175,500 represented a fair market value for the property.
• The size, condition, and specification of 7 ROYAL PARK DRIVE has not materially changed since December 2020.

How Large is 7 ROYAL PARK DRIVE?

7 ROYAL PARK DRIVE is 79m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 20% 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 7 ROYAL PARK DRIVE lies on this distribution: 19% of terraced houses houses are smaller than 7 ROYAL PARK DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Derby.

7 ROYAL PARK DRIVE: Plot and Title Map

7 ROYAL PARK DRIVE sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of 7 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 7 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 7 ROYAL PARK DRIVE?

7 ROYAL PARK DRIVE is located in SHELTON LOCK, in the DE24 postcode district. The below map shows the position of No. 7 on ROYAL PARK DRIVE.