121, FIELD LANE, ALVASTON, DERBY, DE24 0GU - £144,000

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.

121 FIELD LANE is a very small semi-detached house of 7m², built sometime between 1930 and 1949, which could now be worth an estimated £223,490. It was last sold for £144,000 in August 2007, which was around 7% above the average August 2007 semi-detached price in the City of Derby local authority area. The most recent EPC inspection was June 2022, where the current energy rating was E, and the potential energy rating was A.

121 FIELD LANE Sold Prices

Land registry data shows three sales for 121 FIELD 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. All of the three 121 FIELD 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
2007 17 AUG	£144,000	£134,576	7% above HPI
2003 31 OCT	£139,950	£95,526	47% above HPI
2002 28 OCT	£74,000	£72,815	2% above HPI

121 FIELD 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 121 FIELD LANE sales between October 2002 and August 2007 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 October 2003 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the August 2007 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 121 FIELD LANE be worth now?

121 FIELD LANE might now be worth an estimated £223,490.

This is based on house price inflation of 55.2%, between August 2007 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 55.2% inflationary increase is applied to the most recent sale price for 121 FIELD LANE of £144,000 on 17th August 2007. For the value to have increased from £144,000 to £223,490 over the eighteen years and six months to February 2025, the following assumptions must hold true:

• The value of 121 FIELD LANE has moved in line with the HPI for semi-detached houses in the City of Derby local authority area.
• The August 2007 sale price of £144,000 represented a fair market value for the property.
• The size, condition, and specification of 121 FIELD LANE has not materially changed since August 2007.

How Large is 121 FIELD LANE?

121 FIELD LANE is 7m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% 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 121 FIELD LANE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 121 FIELD LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Derby.

121 FIELD LANE: Plot and Title Map

121 FIELD LANE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 121 FIELD 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 121 FIELD 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 121 FIELD LANE?

121 FIELD LANE is located in ALVASTON, in the DE24 postcode district. The below map shows the position of No. 121 on FIELD LANE.