# 3 bedroom semi-detached house for sale (DE24 0SS)

## Property Details

| Key | Value |
|-----|-------|
| Address | 7 WOLVERLEY GRANGE, DERBY, ALVASTON, CITY OF DERBY DE24 0SS |
| Price | £145,000 |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Last sold | £143,000 Jan 2018 |

## Description

This spacious and well presented three bedroom home offers a spacious lounge diner, fitted kitchen, modern bathroom, driveway, gardens and is offered with no upward chain. Call now to arrange your viewing!

## Property Photos

- ![External](/listings/photos/68583137/743280) - External
- ![Lounge Diner](/listings/photos/68583137/743281) - Lounge Diner
- ![Lounge](/listings/photos/68583137/743282) - Lounge
- ![Lounge Diner](/listings/photos/68583137/743283) - Lounge Diner
- ![Kitchen](/listings/photos/68583137/743285) - Kitchen
- ![Bedroom One](/listings/photos/68583137/743286) - Bedroom One
- ![Bedroom Two](/listings/photos/68583137/743287) - Bedroom Two
- ![Bedroom Three](/listings/photos/68583137/743288) - Bedroom Three
- ![Bathroom](/listings/photos/68583137/743289) - Bathroom
- ![Garden](/listings/photos/68583137/743292) - Garden

## Floorplans

- ![Ground Floor](/listings/photos/68583137/743293) - Ground Floor
- ![First Floor](/listings/photos/68583137/743294) - First Floor

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #14646773
- **Address:** 7 Wolverley Grange, Alvaston, DE24 0SS
- **Certificate Issued:** 20/06/2021
- **Work Completed:** 20/05/2021
- **Items:** 1 door(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 7 WOLVERLEY GRANGE, ALVASTON, DERBY, CITY OF DERBY, DE24 0SS | £143,000 | 05/01/2018 | Semi-detached |
| 7 WOLVERLEY GRANGE, ALVASTON, DERBY, CITY OF DERBY, DE24 0SS | £124,950 | 05/05/2009 | Semi-detached |
| 7 WOLVERLEY GRANGE, ALVASTON, DERBY, CITY OF DERBY, DE24 0SS | £99,000 | 30/05/2003 | Semi-detached |
| 7 WOLVERLEY GRANGE, ALVASTON, DERBY, CITY OF DERBY, DE24 0SS | £40,500 | 19/12/1997 | Semi-detached |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] 27 WOLVERLEY GRANGE, ALVASTON, DERBY, CITY OF DERBY, DE24 0SS | £155,000 | 09/01/2026 | Semi-detached |
| 5 SLINDON CROFT, ALVASTON, DERBY, CITY OF DERBY, DE24 0SD | £165,000 | 17/12/2025 | Semi-detached |
| [Same street] 9 WOLVERLEY GRANGE, ALVASTON, DERBY, CITY OF DERBY, DE24 0SS | £176,000 | 06/08/2025 | Semi-detached |
| 5 HILDERSTONE CLOSE, ALVASTON, DERBY, CITY OF DERBY, DE24 0SA | £167,500 | 08/12/2023 | Semi-detached |
| CASTLE LODGE BRIDLE GATE LANE, ALVASTON, DERBY, CITY OF DERBY, DE24 0QW | £300,000 | 31/10/2023 | Semi-detached |
| [Same street] 16 WOLVERLEY GRANGE, ALVASTON, DERBY, CITY OF DERBY, DE24 0SS | £158,000 | 22/09/2023 | Semi-detached |
| 62 STOCKER AVENUE, ALVASTON, DERBY, CITY OF DERBY, DE24 0QS | £175,000 | 21/04/2023 | Semi-detached |
| 8 INGLISTON CLOSE, ALVASTON, DERBY, CITY OF DERBY, DE24 0SJ | £180,000 | 11/11/2022 | Semi-detached |
| 303 KELDHOLME LANE, ALVASTON, DERBY, CITY OF DERBY, DE24 0ST | £183,000 | 19/10/2022 | Semi-detached |
| 17 INGLISTON CLOSE, ALVASTON, DERBY, CITY OF DERBY, DE24 0SJ | £178,500 | 17/06/2022 | Semi-detached |
| 18 HILDERSTONE CLOSE, ALVASTON, DERBY, CITY OF DERBY, DE24 0SA | £166,000 | 10/02/2022 | Semi-detached |
| 33 STOCKER AVENUE, ALVASTON, DERBY, CITY OF DERBY, DE24 0QS | £192,000 | 10/01/2022 | Semi-detached |
| 2 SLEDMERE CLOSE, ALVASTON, DERBY, CITY OF DERBY, DE24 0RT | £161,000 | 30/11/2021 | Semi-detached |
| 2 INGLISTON CLOSE, ALVASTON, DERBY, CITY OF DERBY, DE24 0SJ | £170,000 | 26/11/2021 | Semi-detached |
| 11 CADWELL CLOSE, ALVASTON, DERBY, CITY OF DERBY, DE24 0SH | £176,200 | 30/09/2021 | Semi-detached |
| 3 INGLISTON CLOSE, ALVASTON, DERBY, CITY OF DERBY, DE24 0SJ | £170,000 | 23/08/2021 | Semi-detached |
| 7 SLINDON CROFT, ALVASTON, DERBY, CITY OF DERBY, DE24 0SD | £138,000 | 06/08/2021 | Semi-detached |
| 7 HILDERSTONE CLOSE, ALVASTON, DERBY, CITY OF DERBY, DE24 0SA | £135,250 | 30/07/2021 | Semi-detached |

**Street average:** £163,000 (3 sales)
**Area average:** £177,163 (15 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £188,285 (80 Semi-detached, DE24, 2024–2026)
- **Deviation:** -23%

## Rental Range

*ONS Price Index of Private Rents (Derby). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £767/mo
- **Realistic:** £852/mo
- **Optimistic:** £937/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Derby (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £698/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Terraced House, Whernside Close, DE24 | £1,000/mo | 3 | 0.14 miles | OpenRent |
| 3 Bed Terraced House, Airedale Walk, DE24 | £915/mo | 3 | 0.2 miles | OpenRent |
| 3 Bed Terraced House, Keldholme Lane, DE24 | £950/mo | 3 | 0.21 miles | OpenRent |
| 3 Bed Terraced House, Holbrook Road, DE24 | £1,150/mo | 3 | 0.56 miles | OpenRent |
| 3 Bed End Terrace, Raynesway, DE24 | £950/mo | 3 | 0.83 miles | OpenRent |
| 3 Bed Detached House, Eden Street, DE24 | £1,150/mo | 3 | 0.88 miles | OpenRent |

**Average rent: £1,019/mo (6 listings)**

## 1% Rule

- **Rent ratio:** 0.67% (weak for cashflow)
- **Max investor price (0.8%):** £121,875
- **Target investor price (1%):** £97,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £975/mo).*

- **Gross yield:** 8.1%
- **Cost-to-rent:** 12.4×
- **Monthly cashflow:** £281/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 8%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 19%
- **10y growth:** 40.5%

## House Price Index (HM Land Registry)

*Official index for City of Derby; Semi-detached series; as of March 2026.*

- **1y growth (index):** 1.4%
- **5y growth (index):** 20%
- **10y growth (index):** 51.1%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)
