2, FARNCOMBE LANE, OAKWOOD, DERBY, DE21 2AY - £327,500

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

2 FARNCOMBE LANE is a midsized detached house of 100m², built sometime between 1983 and 1990. It was last sold for £327,500 in November 2019, which was around 34% above the average November 2019 detached price in the City of Derby local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

2 FARNCOMBE LANE Sold Prices

Land registry data shows two sales for 2 FARNCOMBE 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 City of Derby local authority area for the corresponding sale date. Both of the two 2 FARNCOMBE 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
2019 13 NOV	£327,500	£243,787	34% above HPI
1995 24 OCT	£95,000	£61,015	56% above HPI

2 FARNCOMBE 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 two 2 FARNCOMBE LANE sales from October 1995 and November 2019 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 1995 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the November 2019 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 2 FARNCOMBE LANE?

2 FARNCOMBE LANE is 100m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 50% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 2 FARNCOMBE LANE lies on this distribution: 42% of detached houses are smaller than 2 FARNCOMBE LANE, and 57% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 FARNCOMBE LANE: Plot and Title Map

2 FARNCOMBE LANE sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 2 FARNCOMBE 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 2 FARNCOMBE 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 2 FARNCOMBE LANE?

2 FARNCOMBE LANE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 2 on FARNCOMBE LANE.