56, PARKWAY, CHELLASTON, DERBY, DE73 5QA - £50,000

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.

56 PARKWAY is a detached house, which could now be worth an estimated £246,821. It was last sold for £50,000 in August 1996, which was around 21% below the average August 1996 detached price in the City of Derby local authority area.

56 PARKWAY Sold Prices

Land registry data shows one sale for 56 PARKWAY 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
1996 9 AUG	£50,000	£63,645	21% below HPI

What might 56 PARKWAY be worth now?

56 PARKWAY might now be worth an estimated £246,821.

This is based on house price inflation of 393.6%, between August 1996 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 393.6% inflationary increase is applied to the most recent sale price for 56 PARKWAY of £50,000 on 9th August 1996. For the value to have increased from £50,000 to £246,821 over the 30 years and three months to May 2026, the following assumptions must hold true:

• The value of 56 PARKWAY has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The August 1996 sale price of £50,000 represented a fair market value for the property.
• The size, condition, and specification of 56 PARKWAY has not materially changed since August 1996.

Where is 56 PARKWAY?

56 PARKWAY is located in CHELLASTON, in the DE73 postcode district.