38, PROSPECT ROAD, DRONFIELD, S18 2EA - £217,000

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.

38 PROSPECT ROAD is a very small detached house of 74m², built sometime between 1950 and 1966, which could now be worth an estimated £309,724. It was last sold for £217,000 in May 2017, which was around 11% below the average May 2017 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

38 PROSPECT ROAD Sold Prices

Land registry data shows one sale for 38 PROSPECT ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the North East Derbyshire 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
2017 17 MAY	£217,000	£243,518	11% below HPI

What might 38 PROSPECT ROAD be worth now?

38 PROSPECT ROAD might now be worth an estimated £309,724.

This is based on house price inflation of 42.7%, between May 2017 and May 2026, for detached houses, in the North East Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.7% inflationary increase is applied to the most recent sale price for 38 PROSPECT ROAD of £217,000 on 17th May 2017. For the value to have increased from £217,000 to £309,724 over the nine years to May 2026, the following assumptions must hold true:

• The value of 38 PROSPECT ROAD has moved in line with the HPI for detached houses in the North East Derbyshire local authority area.
• The May 2017 sale price of £217,000 represented a fair market value for the property.
• The size, condition, and specification of 38 PROSPECT ROAD has not materially changed since May 2017.

How Large is 38 PROSPECT ROAD?

38 PROSPECT ROAD is 74m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 20% of detached houses in Dronfield, based on EPC data. The below chart shows the distribution of detached houses by size in Dronfield, and where 38 PROSPECT ROAD lies on this distribution: 19% of detached houses are smaller than 38 PROSPECT ROAD, and 79% of detached houses are larger. Note that EPC data is not available for all properties in Dronfield.

38 PROSPECT ROAD: Plot

38 PROSPECT ROAD sits on a plot of roughly 2.6 acres, or 10,444m².

Where is 38 PROSPECT ROAD?

38 PROSPECT ROAD is located in DRONFIELD, in the S18 postcode district.