1, FAIRBOURNE DRIVE, MICKLEOVER, DERBY, DE3 0SA - £225,000

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.

1 FAIRBOURNE DRIVE is a small detached house of 80m², built sometime between 1976 and 1982, which could now be worth an estimated £302,748. It was last sold for £225,000 in April 2018, which was around 4% below the average April 2018 detached price in the City of Derby local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

1 FAIRBOURNE DRIVE Sold Prices

Land registry data shows one sale for 1 FAIRBOURNE DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the City of Derby local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 18 APR	£225,000	£233,495	4% below HPI

What might 1 FAIRBOURNE DRIVE be worth now?

1 FAIRBOURNE DRIVE might now be worth an estimated £302,748.

This is based on house price inflation of 34.6%, between April 2018 and May 2026, 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 34.6% inflationary increase is applied to the most recent sale price for 1 FAIRBOURNE DRIVE of £225,000 on 18th April 2018. For the value to have increased from £225,000 to £302,748 over the seven years and eleven months to May 2026, the following assumptions must hold true:

• The value of 1 FAIRBOURNE DRIVE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The April 2018 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FAIRBOURNE DRIVE has not materially changed since April 2018.

How Large is 1 FAIRBOURNE DRIVE?

1 FAIRBOURNE DRIVE is 80m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 30% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 1 FAIRBOURNE DRIVE lies on this distribution: 20% of detached houses are smaller than 1 FAIRBOURNE DRIVE, and 79% of detached houses are larger. Note that EPC data is not available for all properties in Derby.

1 FAIRBOURNE DRIVE: Plot

1 FAIRBOURNE DRIVE sits on a plot of roughly 0.080 of an acre, or 325m².

Where is 1 FAIRBOURNE DRIVE?

1 FAIRBOURNE DRIVE is located in MICKLEOVER, in the DE3 postcode district.