8, LUDGATE WALK, DERBY, DE22 4HQ - £270,000

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.

8 LUDGATE WALK is a midsized detached house of 108m², built sometime between 1950 and 1966, which could now be worth an estimated £411,383. It was last sold for £270,000 in May 2015, which was around 29% above the average May 2015 detached price in the City of Derby local authority area. The most recent EPC inspection was November 2014, where the current energy rating was B, and the potential energy rating was B.

8 LUDGATE WALK Sold Prices

Land registry data shows two sales for 8 LUDGATE WALK 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 8 LUDGATE WALK 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 11 MAY	£270,000	£208,519	29% above HPI
2007 25 OCT	£238,500	£210,440	13% above HPI

8 LUDGATE WALK 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 8 LUDGATE WALK sales from October 2007 and May 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 October 2007 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the May 2015 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 8 LUDGATE WALK be worth now?

8 LUDGATE WALK might now be worth an estimated £411,383.

This is based on house price inflation of 52.4%, between May 2015 and February 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 52.4% inflationary increase is applied to the most recent sale price for 8 LUDGATE WALK of £270,000 on 11th May 2015. For the value to have increased from £270,000 to £411,383 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of 8 LUDGATE WALK has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The May 2015 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LUDGATE WALK has not materially changed since May 2015.

How Large is 8 LUDGATE WALK?

8 LUDGATE WALK is 108m² according to the EPC inspection conducted in November 2014. This puts it in the largest 50% 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 8 LUDGATE WALK lies on this distribution: 50% of detached houses houses are smaller than 8 LUDGATE WALK, and 49% of houses are larger. Note that EPC data is not available for all properties in Derby.

8 LUDGATE WALK: Plot and Title Map

8 LUDGATE WALK sits on a plot of roughly 0.202 of an acre, or 816m². The below map shows the location of 8 LUDGATE WALK, 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 8 LUDGATE WALK). 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 8 LUDGATE WALK?

8 LUDGATE WALK is located in DERBY, in the DE22 postcode district. The below map shows the position of No. 8 on LUDGATE WALK.