10, LANTERN GROVE, MICKLEOVER, DERBY, DE3 0GY - £480,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 LANTERN GROVE is a very large extended detached house of 154m², built sometime between 1996 and 2002, which could now be worth an estimated £524,743. It was last sold for £480,000 in June 2022, which was around 63% above the average June 2022 detached price in the City of Derby local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

10 LANTERN GROVE Sold Prices

Land registry data shows three sales for 10 LANTERN GROVE 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. All of the three 10 LANTERN GROVE 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
2022 29 JUN	£480,000	£295,160	63% above HPI
2018 6 NOV	£400,000	£244,730	63% above HPI
2002 27 FEB	£149,950	£100,471	49% above HPI

10 LANTERN GROVE 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 10 LANTERN GROVE sales between February 2002 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 November 2018 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the June 2022 sale, which was also at 63% above the HPI.

What might 10 LANTERN GROVE be worth now?

10 LANTERN GROVE might now be worth an estimated £524,743.

This is based on house price inflation of 9.3%, between June 2022 and December 2024, for detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.3% inflationary increase is applied to the most recent sale price for 10 LANTERN GROVE of £480,000 on 29th June 2022. For the value to have increased from £480,000 to £524,743 over the one year and six months to December 2024, the following assumptions must hold true:

• The value of 10 LANTERN GROVE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The June 2022 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 10 LANTERN GROVE has not materially changed since June 2022.

How Large is 10 LANTERN GROVE?

10 LANTERN GROVE is 154m², which includes two extensions, according to the EPC inspection conducted in February 2018. This puts it in the largest 20% of detached houses houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 10 LANTERN GROVE lies on this distribution: 86% of detached houses houses are smaller than 10 LANTERN GROVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Derby.

10 LANTERN GROVE: Plot and Title Map

10 LANTERN GROVE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 10 LANTERN GROVE, 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 10 LANTERN GROVE). 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 10 LANTERN GROVE?

10 LANTERN GROVE is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 10 on LANTERN GROVE.