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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2, The Paddock, Derby is a modern freehold house with 1,323 ft2 of internal area and sits on a 437 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, The Paddock, Derby is £289,510 and the estimated rental value is £1,183 per month.
The Paddock, Ockbrook, Derby, DE72 is located in the borough of Erewash within the DE72 postal district.
2, The Paddock, Derby has a single entry in the Land Registry from December 2018 and a single entry in the EPC database dated February 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, The Paddock, Derby is in very good condition we estimate a sale value of £303,985 and a rental value of £1,242 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £269,244 and a rental value of £1,100 per month.
Over the last 12 months the sale value of 2 The Paddock Derby has decreased by an estimated £8,241 (2.8%) and its rental value has increased by an estimated £13 per month (1.1%), giving an expected gross yield of 4.9%.
According to data from HM Land Registry, 2, The Paddock, Derby sits on a plot of 437m2.
We have plot size data on 5 out of 5 other houses in the postcode and 2, The Paddock, Derby sits on the 5th largest plot.
2, The Paddock, Derby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Feb 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, The Paddock, Derby was last sold on 19th December 2018 for £237,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2018, the market for similar properties has dropped 15.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, The Paddock, Derby within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 44, Pares Way, Derby, DE72 3TL, a freehold house which sold for £380,000 on the 10th May 2024.
Read more about house prices in DE72.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Paddock, Ockbrook, Derby, DE72 has a total of 5 addresses. According to our analysis of all the public data, 2, The Paddock, Derby is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £72k more expensive than the average property in DE72.
The closest station to 2, The Paddock, Derby is Spondon station which is 2.6 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, The Paddock, Derby, 54.1% of property is privately owned outright and 27.0% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, The Paddock, Derby, 11.8% of residents are recorded as possessing school level qualifications and 40.1% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, The Paddock, Derby, the average age was 45 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, The Paddock, Derby, 2.6% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, The Paddock, Derby, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
