127, LOCKO ROAD, SPONDON, DERBY, DE21 7AR - £285,000

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

127 LOCKO ROAD is a midsized extended detached house of 101m², built sometime between 1930 and 1949. It was last sold for £285,000 in December 2018, which was around 17% above the average December 2018 detached price in the City of Derby local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

127 LOCKO ROAD Sold Prices

Land registry data shows two sales for 127 LOCKO ROAD 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 127 LOCKO ROAD 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 10 DEC	£285,000	£242,932	17% above HPI
1996 12 JAN	£80,000	£63,371	26% above HPI

127 LOCKO ROAD 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 127 LOCKO ROAD sales from January 1996 and December 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 January 1996 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the December 2018 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 127 LOCKO ROAD?

127 LOCKO ROAD is 101m², which includes one extension, according to the EPC inspection conducted in January 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 127 LOCKO ROAD lies on this distribution: 43% of detached houses are smaller than 127 LOCKO ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Derby.

127 LOCKO ROAD: Plot and Title Map

127 LOCKO ROAD sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 127 LOCKO ROAD, 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 127 LOCKO ROAD). 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 127 LOCKO ROAD?

127 LOCKO ROAD is located in SPONDON, in the DE21 postcode district. The below map shows the position of No. 127 on LOCKO ROAD.