17, WESLEY LANE, OCKBROOK, DERBY, DE72 3SP - £365,000

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.

17 WESLEY LANE is a very small detached house of 61m², built sometime between 1950 and 1966, which could now be worth an estimated £397,629. It was last sold for £365,000 in November 2021, which was around 25% above the average November 2021 detached price in the Erewash local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was A.

17 WESLEY LANE Sold Prices

Land registry data shows two sales for 17 WESLEY 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 Erewash local authority area for the corresponding sale date. Both of the two 17 WESLEY 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
2021 12 NOV	£365,000	£292,826	25% above HPI
2015 2 NOV	£232,500	£210,977	10% above HPI

17 WESLEY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 17 WESLEY LANE sales from November 2015 and November 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 2015 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the November 2021 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 17 WESLEY LANE be worth now?

17 WESLEY LANE might now be worth an estimated £397,629.

This is based on house price inflation of 8.9%, between November 2021 and February 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.9% inflationary increase is applied to the most recent sale price for 17 WESLEY LANE of £365,000 on 12th November 2021. For the value to have increased from £365,000 to £397,629 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 17 WESLEY LANE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The November 2021 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 17 WESLEY LANE has not materially changed since November 2021.

How Large is 17 WESLEY LANE?

17 WESLEY LANE is 61m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 10% of detached houses houses in Ockbrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ockbrook, and where 17 WESLEY LANE lies on this distribution: 2% of detached houses houses are smaller than 17 WESLEY LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Ockbrook.

17 WESLEY LANE: Plot and Title Map

17 WESLEY LANE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 17 WESLEY 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 17 WESLEY 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 17 WESLEY LANE?

17 WESLEY LANE is located in OCKBROOK, in the DE72 postcode district. The below map shows the position of No. 17 on WESLEY LANE.