18, PARK LANE, SHIRLAND, ALFRETON, DE55 6BH - £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

18 PARK LANE is a very small extended detached house of 90m², built sometime between 1950 and 1966. It was last sold for £175,000 in December 2016, which was around 24% below the average December 2016 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.

18 PARK LANE Sold Prices

Land registry data shows two sales for 18 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 North East Derbyshire local authority area for the corresponding sale date. Both of the two 18 PARK LANE 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
2016 16 DEC	£175,000	£231,489	24% below HPI
2006 6 OCT	£134,950	£199,530	32% below HPI

18 PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North East Derbyshire local authority area over time, sourced from the HPI. The two 18 PARK LANE sales from October 2006 and December 2016 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 October 2006 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2016 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 18 PARK LANE?

18 PARK LANE is 90m², which includes two extensions, according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% of detached houses in Shirland, based on EPC data. The below chart shows the distribution of detached houses by size in Shirland, and where 18 PARK LANE lies on this distribution: 15% of detached houses are smaller than 18 PARK LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Shirland.

18 PARK LANE: Plot and Title Map

18 PARK LANE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 18 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 18 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 18 PARK LANE?

18 PARK LANE is located in SHIRLAND, in the DE55 postcode district. The below map shows the position of No. 18 on PARK LANE.