2, LAKESIDE DRIVE, LITTLEOVER, DERBY, DE23 3US - £413,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 LAKESIDE DRIVE is a large detached house of 135m², built sometime between 1996 and 2002, which could now be worth an estimated £546,364. It was last sold for £413,500 in May 2020, which was around 69% above the average May 2020 detached price in the City of Derby local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

2 LAKESIDE DRIVE Sold Prices

Land registry data shows four sales for 2 LAKESIDE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the four 2 LAKESIDE 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
2020 20 MAY	£413,500	£244,206	69% above HPI
2012 20 AUG	£300,000	£186,407	61% above HPI
2006 12 JAN	£280,000	£184,502	52% above HPI
1995 24 JUL	£120,000	£62,745	91% above HPI

2 LAKESIDE DRIVE 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 four 2 LAKESIDE DRIVE sales between July 1995 and May 2020 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 August 2012 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the May 2020 sale, where it rises to 69% above the HPI. The line then continues to track at 69% above the HPI.

What might 2 LAKESIDE DRIVE be worth now?

2 LAKESIDE DRIVE might now be worth an estimated £546,364.

This is based on house price inflation of 32.1%, between May 2020 and December 2024, for detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.1% inflationary increase is applied to the most recent sale price for 2 LAKESIDE DRIVE of £413,500 on 20th May 2020. For the value to have increased from £413,500 to £546,364 over the three years and five months to December 2024, the following assumptions must hold true:

• The value of 2 LAKESIDE DRIVE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The May 2020 sale price of £413,500 represented a fair market value for the property.
• The size, condition, and specification of 2 LAKESIDE DRIVE has not materially changed since May 2020.

How Large is 2 LAKESIDE DRIVE?

2 LAKESIDE DRIVE is 135m² according to the EPC inspection conducted in January 2020. This puts it in the largest 30% of detached houses houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 2 LAKESIDE DRIVE lies on this distribution: 77% of detached houses houses are smaller than 2 LAKESIDE DRIVE, and 22% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 LAKESIDE DRIVE: Plot and Title Map

2 LAKESIDE DRIVE sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of 2 LAKESIDE 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 2 LAKESIDE 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.

Where is 2 LAKESIDE DRIVE?

2 LAKESIDE DRIVE is located in LITTLEOVER, in the DE23 postcode district. The below map shows the position of No. 2 on LAKESIDE DRIVE.