7, SPRINGFIELD ROAD, CHADDESDEN, DERBY, DE21 6WG - £144,950

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 SPRINGFIELD ROAD is a small extended terraced house of 89m², built sometime between 1950 and 1966, which could now be worth an estimated £203,381. It was last sold for £144,950 in May 2018, which was around 24% above the average May 2018 terraced price in the City of Derby local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

7 SPRINGFIELD ROAD Sold Prices

Land registry data shows four sales for 7 SPRINGFIELD ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the City of Derby local authority area for the corresponding sale date. All of the four 7 SPRINGFIELD ROAD 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
2018 4 MAY	£144,950	£117,342	24% above HPI
2014 27 FEB	£112,000	£100,571	11% above HPI
2003 28 MAR	£89,950	£60,819	48% above HPI
2000 8 SEP	£46,950	£37,582	25% above HPI

7 SPRINGFIELD ROAD 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 four 7 SPRINGFIELD ROAD sales between September 2000 and May 2018 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 2014 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2018 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 7 SPRINGFIELD ROAD be worth now?

7 SPRINGFIELD ROAD might now be worth an estimated £203,381.

This is based on house price inflation of 40.3%, between May 2018 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 40.3% inflationary increase is applied to the most recent sale price for 7 SPRINGFIELD ROAD of £144,950 on 4th May 2018. For the value to have increased from £144,950 to £203,381 over the six years and eleven months to June 2025, the following assumptions must hold true:

• The value of 7 SPRINGFIELD ROAD has moved in line with the HPI for terraced houses in the City of Derby local authority area.
• The May 2018 sale price of £144,950 represented a fair market value for the property.
• The size, condition, and specification of 7 SPRINGFIELD ROAD has not materially changed since May 2018.

How Large is 7 SPRINGFIELD ROAD?

7 SPRINGFIELD ROAD is 89m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 40% 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 SPRINGFIELD ROAD lies on this distribution: 30% of terraced houses houses are smaller than 7 SPRINGFIELD ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Derby.

7 SPRINGFIELD ROAD: Plot and Title Map

7 SPRINGFIELD ROAD sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 7 SPRINGFIELD 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 7 SPRINGFIELD 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 7 SPRINGFIELD ROAD?

7 SPRINGFIELD ROAD is located in CHADDESDEN, in the DE21 postcode district. The below map shows the position of No. 7 on SPRINGFIELD ROAD.