9, OAKFIELDS GROVE, SPONDON, DERBY, DE21 7ST - £174,950

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.

9 OAKFIELDS GROVE is a midsized terraced house of 108m², built sometime between 2003 and 2006, which could now be worth an estimated £241,419. It was last sold for £174,950 in June 2018, which was around 47% above the average June 2018 terraced price in the City of Derby local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was B.

9 OAKFIELDS GROVE Sold Prices

Land registry data shows four sales for 9 OAKFIELDS GROVE 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 9 OAKFIELDS GROVE 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 11 JUN	£174,950	£119,313	47% above HPI
2018 31 MAY	£171,500	£117,342	46% above HPI
2010 23 JUL	£152,500	£97,198	57% above HPI
2003 31 JAN	£136,950	£59,635	130% above HPI

9 OAKFIELDS GROVE 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 9 OAKFIELDS GROVE sales between January 2003 and June 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 May 2018 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the June 2018 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 9 OAKFIELDS GROVE be worth now?

9 OAKFIELDS GROVE might now be worth an estimated £241,419.

This is based on house price inflation of 38%, between June 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 38% inflationary increase is applied to the most recent sale price for 9 OAKFIELDS GROVE of £174,950 on 11th June 2018. For the value to have increased from £174,950 to £241,419 over the seven years to June 2025, the following assumptions must hold true:

• The value of 9 OAKFIELDS GROVE has moved in line with the HPI for terraced houses in the City of Derby local authority area.
• The June 2018 sale price of £174,950 represented a fair market value for the property.
• The size, condition, and specification of 9 OAKFIELDS GROVE has not materially changed since June 2018.

How Large is 9 OAKFIELDS GROVE?

9 OAKFIELDS GROVE is 108m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 50% 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 9 OAKFIELDS GROVE lies on this distribution: 50% of terraced houses houses are smaller than 9 OAKFIELDS GROVE, and 50% of houses are larger. Note that EPC data is not available for all properties in Derby.

9 OAKFIELDS GROVE: Plot and Title Map

9 OAKFIELDS GROVE sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 9 OAKFIELDS GROVE, 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 9 OAKFIELDS GROVE). 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 9 OAKFIELDS GROVE?

9 OAKFIELDS GROVE is located in SPONDON, in the DE21 postcode district. The below map shows the position of No. 9 on OAKFIELDS GROVE.