14, PARK LANE, ALLESTREE, DERBY, DE22 2DT - £361,550

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

14 PARK LANE is a small extended detached house of 88m², built sometime between 1930 and 1949. It was last sold for £361,550 in June 2012, which was around 97% above the average June 2012 detached price in the City of Derby local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

14 PARK LANE Sold Prices

Land registry data shows two sales for 14 PARK 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. One of the two 14 PARK LANE sales was for above the average price, whilst the other 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
2012 25 JUN	£361,550	£183,638	97% above HPI
1996 9 FEB	£59,417	£63,476	6% below HPI

14 PARK 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 14 PARK LANE sales from February 1996 and June 2012 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 February 1996 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2012 sale, where it rises to 97% above the HPI. The line then continues to track at 97% above the HPI.

How Large is 14 PARK LANE?

14 PARK LANE is 88m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 30% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 14 PARK LANE lies on this distribution: 29% of detached houses are smaller than 14 PARK LANE, and 70% of houses are larger. Note that EPC data is not available for all properties in Derby.

14 PARK LANE: Plot and Title Map

14 PARK LANE sits on a plot of roughly 0.241 of an acre, or 976m². The below map shows the location of 14 PARK 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 14 PARK 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 14 PARK LANE?

14 PARK LANE is located in ALLESTREE, in the DE22 postcode district. The below map shows the position of No. 14 on PARK LANE.