16, LANCASTER WALK, SPONDON, DERBY, DE21 7LS - £175,000

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

16 LANCASTER WALK is a very small extended detached house of 73m², built sometime between 1967 and 1975. It was last sold for £175,000 in December 2021, which was around 38% below the average December 2021 detached price in the City of Derby local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

16 LANCASTER WALK Sold Prices

Land registry data shows two sales for 16 LANCASTER WALK 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 16 LANCASTER WALK sales were 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
2021 9 DEC	£175,000	£282,331	38% below HPI
2002 1 NOV	£93,000	£127,340	27% below HPI

16 LANCASTER WALK 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 16 LANCASTER WALK sales from November 2002 and December 2021 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 November 2002 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2021 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 16 LANCASTER WALK?

16 LANCASTER WALK is 73m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 20% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 16 LANCASTER WALK lies on this distribution: 13% of detached houses are smaller than 16 LANCASTER WALK, and 86% of houses are larger. Note that EPC data is not available for all properties in Derby.

16 LANCASTER WALK: Plot and Title Map

16 LANCASTER WALK sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 16 LANCASTER WALK, 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 16 LANCASTER WALK). 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 16 LANCASTER WALK?

16 LANCASTER WALK is located in SPONDON, in the DE21 postcode district. The below map shows the position of No. 16 on LANCASTER WALK.