1, LEES BANK, CHADDESDEN, DERBY, DE21 4UP - £340,000

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 LEES BANK is a very large detached house of 160m², built sometime between 2003 and 2006. It was last sold for £340,000 in December 2016, which was around 50% above the average December 2016 detached price in the City of Derby local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

1 LEES BANK Sold Prices

Land registry data shows two sales for 1 LEES BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Both of the two 1 LEES BANK sales were for above 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 15 DEC	£340,000	£226,175	50% above HPI
2013 24 JAN	£310,000	£184,224	68% above HPI

1 LEES BANK 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 two 1 LEES BANK sales from January 2013 and December 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 January 2013 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the December 2016 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 1 LEES BANK?

1 LEES BANK is 160m² according to the EPC inspection conducted in September 2023. This puts it in the largest 20% 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 LEES BANK lies on this distribution: 87% of detached houses are smaller than 1 LEES BANK, and 12% of houses are larger. Note that EPC data is not available for all properties in Derby.

1 LEES BANK: Plot and Title Map

1 LEES BANK sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 1 LEES BANK, 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 LEES BANK). 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 LEES BANK?

1 LEES BANK is located in CHADDESDEN, in the DE21 postcode district. The below map shows the position of No. 1 on LEES BANK.