78, THE BANCROFT, ETWALL, DERBY, DE65 6NF - £245,000

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.

78 THE BANCROFT is a very small detached house of 75m², built sometime between 1950 and 1966, which could now be worth an estimated £323,237. It was last sold for £245,000 in August 2018, which was around 11% below the average August 2018 detached price in the South Derbyshire local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was C.

78 THE BANCROFT Sold Prices

Land registry data shows two sales for 78 THE BANCROFT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. Both of the two 78 THE BANCROFT sales were for below 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 3 AUG	£245,000	£275,836	11% below HPI
2011 1 APR	£175,000	£207,002	15% below HPI

78 THE BANCROFT Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The two 78 THE BANCROFT sales from April 2011 and August 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 April 2011 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2018 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 78 THE BANCROFT be worth now?

78 THE BANCROFT might now be worth an estimated £323,237.

This is based on house price inflation of 31.9%, between August 2018 and April 2026, for detached houses, in the South Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.9% inflationary increase is applied to the most recent sale price for 78 THE BANCROFT of £245,000 on 3rd August 2018. For the value to have increased from £245,000 to £323,237 over the eight years and four months to April 2026, the following assumptions must hold true:

• The value of 78 THE BANCROFT has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The August 2018 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 78 THE BANCROFT has not materially changed since August 2018.

How Large is 78 THE BANCROFT?

78 THE BANCROFT is 75m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 10% of detached houses houses in Etwall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Etwall, and where 78 THE BANCROFT lies on this distribution: 5% of detached houses houses are smaller than 78 THE BANCROFT, and 95% of houses are larger. Note that EPC data is not available for all properties in Etwall.

78 THE BANCROFT: Plot and Title Map

78 THE BANCROFT sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 78 THE BANCROFT, 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 78 THE BANCROFT). 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 78 THE BANCROFT?

78 THE BANCROFT is located in ETWALL, in the DE65 postcode district. The below map shows the position of No. 78 on THE BANCROFT.