2, LAMBLEY DRIVE, ALLESTREE, DERBY, DE22 2TH - £435,000

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 LAMBLEY DRIVE is a large extended detached house of 126m², built sometime between 1983 and 1990. It was last sold for £435,000 in January 2019, which was around 79% above the average January 2019 detached price in the City of Derby local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

2 LAMBLEY DRIVE Sold Prices

Land registry data shows three sales for 2 LAMBLEY DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the three 2 LAMBLEY 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
2019 22 JAN	£435,000	£243,321	79% above HPI
2009 16 DEC	£327,500	£187,221	75% above HPI
2003 27 JUN	£285,000	£141,471	101% above HPI

2 LAMBLEY 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 three 2 LAMBLEY DRIVE sales between June 2003 and January 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 December 2009 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the January 2019 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.

How Large is 2 LAMBLEY DRIVE?

2 LAMBLEY DRIVE is 126m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the largest 30% 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 LAMBLEY DRIVE lies on this distribution: 69% of detached houses are smaller than 2 LAMBLEY DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 LAMBLEY DRIVE: Plot and Title Map

2 LAMBLEY DRIVE sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 2 LAMBLEY 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 LAMBLEY 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 LAMBLEY DRIVE?

2 LAMBLEY DRIVE is located in ALLESTREE, in the DE22 postcode district. The below map shows the position of No. 2 on LAMBLEY DRIVE.