12, THE LEES, ELVASTON, DERBY, DE72 3UN - £217,000

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 THE LEES is a large extended detached house of 133m², built sometime between 1996 and 2002, which could now be worth an estimated £388,381. It was last sold for £217,000 in June 2005, which was around 10% above the average June 2005 detached price in the South Derbyshire local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was C.

12 THE LEES Sold Prices

Land registry data shows two sales for 12 THE LEES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. Both of the two 12 THE LEES 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
2005 24 JUN	£217,000	£197,173	10% above HPI
1997 17 DEC	£98,950	£78,735	26% above HPI

12 THE LEES Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The two 12 THE LEES sales from December 1997 and June 2005 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 1997 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the June 2005 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 12 THE LEES be worth now?

12 THE LEES might now be worth an estimated £388,381.

This is based on house price inflation of 79%, between June 2005 and June 2025, for detached houses, in the South Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 79% inflationary increase is applied to the most recent sale price for 12 THE LEES of £217,000 on 24th June 2005. For the value to have increased from £217,000 to £388,381 over the twenty years to June 2025, the following assumptions must hold true:

• The value of 12 THE LEES has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The June 2005 sale price of £217,000 represented a fair market value for the property.
• The size, condition, and specification of 12 THE LEES has not materially changed since June 2005.

How Large is 12 THE LEES?

12 THE LEES is 133m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the largest 30% 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 12 THE LEES lies on this distribution: 76% of detached houses houses are smaller than 12 THE LEES, and 23% of houses are larger. Note that EPC data is not available for all properties in Derby.

12 THE LEES: Plot and Title Map

12 THE LEES sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 12 THE LEES, 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 THE LEES). 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 THE LEES?

12 THE LEES is located in ELVASTON, in the DE72 postcode district. The below map shows the position of No. 12 on THE LEES.