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
181 LAMBOURN DRIVE is a very small extended detached house of 79m², built sometime between 1991 and 1995. It was last sold for £323,000 in June 2022, which was around 10% above the average June 2022 detached price in the City of Derby local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows six sales for 181 LAMBOURN DRIVE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the six 181 LAMBOURN DRIVE 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 |
---|---|---|---|
2022 21 JUN | £323,000 | £294,751 | 10% above HPI |
2021 31 MAR | £276,000 | £264,962 | 4% above HPI |
2009 14 JUL | £185,000 | £179,809 | 3% above HPI |
2002 14 AUG | £130,500 | £117,263 | 11% above HPI |
1999 26 FEB | £80,000 | £68,514 | 17% above HPI |
1995 21 DEC | £74,000 | £62,654 | 18% above HPI |
The below graph shows the average detached house price in the City of Derby local authority area over time, sourced from the HPI. The six 181 LAMBOURN DRIVE sales between December 1995 and June 2022 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 March 2021 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the June 2022 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.
181 LAMBOURN DRIVE is 79m², which includes one extension, according to the EPC inspection conducted in September 2020. 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 181 LAMBOURN DRIVE lies on this distribution: 19% of detached houses are smaller than 181 LAMBOURN DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Derby.
181 LAMBOURN DRIVE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 181 LAMBOURN DRIVE, 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 181 LAMBOURN DRIVE). 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.
181 LAMBOURN DRIVE is located in ALLESTREE, in the DE22 postcode district. The below map shows the position of No. 181 on LAMBOURN DRIVE.