2, PACIFIC WAY, DERBY, DE24 1AA - £97,000

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 PACIFIC WAY is a very small flat of 40m², built sometime between 2007 and 2011, which could now be worth an estimated £93,830. It was last sold for £97,000 in December 2023, which was around 12% below the average December 2023 flat price in the City of Derby local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was C.

2 PACIFIC WAY Sold Prices

Land registry data shows two sales for 2 PACIFIC WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the City of Derby local authority area for the corresponding sale date. One of the two 2 PACIFIC WAY sales was for below the average price, whilst the other was 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
2023 19 DEC	£97,000	£110,739	12% below HPI
2007 28 SEP	£121,699	£89,421	36% above HPI

What might 2 PACIFIC WAY be worth now?

2 PACIFIC WAY might now be worth an estimated £93,830.

This is based on house price deflation of 3.3%, between December 2023 and May 2026, for flats, 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 3.3% deflationary decrease is applied to the most recent sale price for 2 PACIFIC WAY of £97,000 on 19th December 2023. For the value to have decreased from £97,000 to £93,830 over the three years and seven months to May 2026, the following assumptions must hold true:

• The value of 2 PACIFIC WAY has moved in line with the HPI for flats in the City of Derby local authority area.
• The December 2023 sale price of £97,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PACIFIC WAY has not materially changed since December 2023.

How Large is 2 PACIFIC WAY?

2 PACIFIC WAY is 40m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 20% of flats in Derby, based on EPC data. 11% of flats are smaller than 2 PACIFIC WAY, and 88% of flats are larger. Note that EPC data is not available for all properties in Derby.

2 PACIFIC WAY: Plot

2 PACIFIC WAY sits on a plot of roughly 0.909 of an acre, or 3,679m².

Where is 2 PACIFIC WAY?

2 PACIFIC WAY is located in DERBY, in the DE24 postcode district.