1, LODGE LANE, SPONDON, DERBY, DE21 7GD - £215,000

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 LODGE LANE is a midsized detached house of 109m², built sometime between 1900 and 1929. It was last sold for £215,000 in June 2022, which was around 27% below the average June 2022 detached price in the City of Derby local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was D.

1 LODGE LANE Sold Prices

Land registry data shows two sales for 1 LODGE LANE 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 LODGE LANE sales were 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
2022 14 JUN	£215,000	£294,751	27% below HPI
2013 4 DEC	£150,000	£192,675	22% below HPI

1 LODGE LANE 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 LODGE LANE sales from December 2013 and June 2022 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 December 2013 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2022 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 1 LODGE LANE?

1 LODGE LANE is 109m² according to the EPC inspection conducted in March 2022. This puts it in the largest 50% 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 LODGE LANE lies on this distribution: 51% of detached houses are smaller than 1 LODGE LANE, and 48% of houses are larger. Note that EPC data is not available for all properties in Derby.

1 LODGE LANE: Plot and Title Map

1 LODGE LANE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 1 LODGE LANE, 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 LODGE LANE). 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 LODGE LANE?

1 LODGE LANE is located in SPONDON, in the DE21 postcode district. The below map shows the position of No. 1 on LODGE LANE.