12, FARMLANDS LANE, LITTLEOVER, DERBY, DE23 2UR - £251,000

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

12 FARMLANDS LANE is a midsized extended detached house of 98m², built sometime between 1991 and 1995. It was last sold for £251,000 in April 2018, which was around 8% above the average April 2018 detached price in the City of Derby local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

12 FARMLANDS LANE Sold Prices

Land registry data shows two sales for 12 FARMLANDS 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 12 FARMLANDS LANE 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
2018 26 APR	£251,000	£233,173	8% above HPI
1998 4 DEC	£84,460	£70,494	20% above HPI

12 FARMLANDS 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 12 FARMLANDS LANE sales from December 1998 and April 2018 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 1998 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the April 2018 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 12 FARMLANDS LANE?

12 FARMLANDS LANE is 98m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 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 12 FARMLANDS LANE lies on this distribution: 40% of detached houses are smaller than 12 FARMLANDS LANE, and 59% of houses are larger. Note that EPC data is not available for all properties in Derby.

12 FARMLANDS LANE: Plot and Title Map

12 FARMLANDS LANE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 12 FARMLANDS 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 FARMLANDS 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 FARMLANDS LANE?

12 FARMLANDS LANE is located in LITTLEOVER, in the DE23 postcode district. The below map shows the position of No. 12 on FARMLANDS LANE.