2, FERRERS WAY, DERBY, DE22 2AA - £422,000

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.

2 FERRERS WAY is a very large extended detached house of 208m², built sometime between 1900 and 1929, which could now be worth an estimated £722,768. It was last sold for £422,000 in September 2012, which was around 130% above the average September 2012 detached price in the City of Derby local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was D.

2 FERRERS WAY Sold Prices

Land registry data shows one sale for 2 FERRERS WAY 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
2012 21 SEP	£422,000	£183,438	130% above HPI

What might 2 FERRERS WAY be worth now?

2 FERRERS WAY might now be worth an estimated £722,768.

This is based on house price inflation of 71.3%, between September 2012 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 71.3% inflationary increase is applied to the most recent sale price for 2 FERRERS WAY of £422,000 on 21st September 2012. For the value to have increased from £422,000 to £722,768 over the fourteen years and four months to May 2026, the following assumptions must hold true:

• The value of 2 FERRERS WAY has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The September 2012 sale price of £422,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FERRERS WAY has not materially changed since September 2012.

How Large is 2 FERRERS WAY?

2 FERRERS WAY is 208m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the largest 10% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 2 FERRERS WAY lies on this distribution: 96% of detached houses are smaller than 2 FERRERS WAY, and 4% of detached houses are larger. Note that EPC data is not available for all properties in Derby.

2 FERRERS WAY: Plot

2 FERRERS WAY sits on a plot of roughly 0.278 of an acre, or 1,127m².

Where is 2 FERRERS WAY?

2 FERRERS WAY is located in DERBY, in the DE22 postcode district.