12, ELVASTON LANE, ALVASTON, DERBY, DE24 0PX - £210,000

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.

12 ELVASTON LANE is a midsized extended semi-detached house of 115m², built sometime between 1930 and 1949, which could now be worth an estimated £282,227. It was last sold for £210,000 in March 2020, which was around 35% above the average March 2020 semi-detached price in the City of Derby local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.

12 ELVASTON LANE Sold Prices

Land registry data shows three sales for 12 ELVASTON LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the City of Derby local authority area for the corresponding sale date. Two of the three 12 ELVASTON LANE 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
2020 6 MAR	£210,000	£155,412	35% above HPI
2007 20 APR	£143,000	£130,071	10% above HPI
1998 5 NOV	£24,000	£41,559	42% below HPI

12 ELVASTON LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the City of Derby local authority area over time, sourced from the HPI. The three 12 ELVASTON LANE sales between November 1998 and March 2020 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 April 2007 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the March 2020 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 12 ELVASTON LANE be worth now?

12 ELVASTON LANE might now be worth an estimated £282,227.

This is based on house price inflation of 34.4%, between March 2020 and February 2025, for semi-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 34.4% inflationary increase is applied to the most recent sale price for 12 ELVASTON LANE of £210,000 on 6th March 2020. For the value to have increased from £210,000 to £282,227 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 12 ELVASTON LANE has moved in line with the HPI for semi-detached houses in the City of Derby local authority area.
• The March 2020 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 12 ELVASTON LANE has not materially changed since March 2020.

How Large is 12 ELVASTON LANE?

12 ELVASTON LANE is 115m², which includes two extensions, according to the EPC inspection conducted in December 2019. This puts it in the largest 50% of semi-detached houses houses in Derby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Derby, and where 12 ELVASTON LANE lies on this distribution: 58% of semi-detached houses houses are smaller than 12 ELVASTON LANE, and 41% of houses are larger. Note that EPC data is not available for all properties in Derby.

12 ELVASTON LANE: Plot and Title Map

12 ELVASTON LANE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 12 ELVASTON 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 12 ELVASTON 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 12 ELVASTON LANE?

12 ELVASTON LANE is located in ALVASTON, in the DE24 postcode district. The below map shows the position of No. 12 on ELVASTON LANE.