15, CHAIN LANE, MICKLEOVER, DERBY, DE3 9AJ - £175,000

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

15 CHAIN LANE is a small detached house of 80m², built sometime between 1930 and 1949. It was last sold for £175,000 in August 2004, which was around 3% below the average August 2004 detached price in the City of Derby local authority area. The most recent EPC inspection was November 2018, where the current energy rating was E, and the potential energy rating was B.

15 CHAIN LANE Sold Prices

Land registry data shows three sales for 15 CHAIN LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. One of the three 15 CHAIN LANE sales was for below the average price, whilst two 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
2004 4 AUG	£175,000	£179,899	3% below HPI
2001 4 JUN	£110,000	£89,081	23% above HPI
1999 29 JUN	£98,250	£71,491	37% above HPI

15 CHAIN 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 three 15 CHAIN LANE sales between June 1999 and August 2004 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 June 2001 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the August 2004 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 15 CHAIN LANE?

15 CHAIN LANE is 80m² according to the EPC inspection conducted in November 2018. 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 15 CHAIN LANE lies on this distribution: 20% of detached houses are smaller than 15 CHAIN LANE, and 79% of houses are larger. Note that EPC data is not available for all properties in Derby.

15 CHAIN LANE: Plot and Title Map

15 CHAIN LANE sits on a plot of roughly 0.189 of an acre, or 766m². The below map shows the location of 15 CHAIN 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 15 CHAIN 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 15 CHAIN LANE?

15 CHAIN LANE is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 15 on CHAIN LANE.