11A, GREEN LANE, OCKBROOK, DERBY, DE72 3SE - £248,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11A GREEN LANE is a very small detached house of 70m², built sometime between 1976 and 1982, which could now be worth an estimated £243,823. It was last sold for £248,000 in July 2023, which was around 24% below the average July 2023 detached price in the Erewash local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

11A GREEN LANE Sold Prices

Land registry data shows two sales for 11A GREEN 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 Erewash local authority area for the corresponding sale date. Both of the two 11A GREEN 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
2023 28 JUL	£248,000	£324,468	24% below HPI
2022 9 DEC	£236,000	£318,437	26% below HPI

11A GREEN LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 11A GREEN LANE sales from December 2022 and July 2023 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 2022 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2023 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 11A GREEN LANE be worth now?

11A GREEN LANE might now be worth an estimated £243,823.

This is based on house price deflation of 1.7%, between July 2023 and February 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.7% deflationary decrease is applied to the most recent sale price for 11A GREEN LANE of £248,000 on 28th July 2023. For the value to have decreased from £248,000 to £243,823 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of 11A GREEN LANE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The July 2023 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of 11A GREEN LANE has not materially changed since July 2023.

How Large is 11A GREEN LANE?

11A GREEN LANE is 70m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 20% of detached houses houses in Ockbrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ockbrook, and where 11A GREEN LANE lies on this distribution: 10% of detached houses houses are smaller than 11A GREEN LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Ockbrook.

11A GREEN LANE: Plot and Title Map

11A GREEN LANE sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 11A GREEN 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 11A GREEN 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 11A GREEN LANE?

11A GREEN LANE is located in OCKBROOK, in the DE72 postcode district. The below map shows the position of No. 11A on GREEN LANE.