1, FARNWAY, DARLEY ABBEY, DERBY, DE22 2BN - £252,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 FARNWAY is a small extended detached house of 85m², built sometime between 1967 and 1975. It was last sold for £252,500 in January 2016, which was around 18% above the average January 2016 detached price in the City of Derby local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

1 FARNWAY Sold Prices

Land registry data shows three sales for 1 FARNWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Two of the three 1 FARNWAY sales were for above the average price, whilst one was for below 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
2016 8 JAN	£252,500	£214,101	18% above HPI
2015 3 JUN	£245,000	£211,012	16% above HPI
2008 23 SEP	£170,000	£194,537	13% below HPI

1 FARNWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Derby local authority area over time, sourced from the HPI. The three 1 FARNWAY sales between September 2008 and January 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2015 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the January 2016 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 1 FARNWAY?

1 FARNWAY is 85m², which includes two extensions, according to the EPC inspection conducted in September 2015. This puts it in the smallest 30% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 1 FARNWAY lies on this distribution: 25% of detached houses are smaller than 1 FARNWAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Derby.

1 FARNWAY: Plot and Title Map

1 FARNWAY sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 1 FARNWAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 FARNWAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 FARNWAY?

1 FARNWAY is located in DARLEY ABBEY, in the DE22 postcode district. The below map shows the position of No. 1 on FARNWAY.