2, LANTERN GROVE, MICKLEOVER, DERBY, DE3 0GY - £387,995

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

2 LANTERN GROVE is a very large extended detached house of 170m², built sometime between 1996 and 2002. It was last sold for £387,995 in December 2006, which was around 92% above the average December 2006 detached price in the City of Derby local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

2 LANTERN GROVE Sold Prices

Land registry data shows two sales for 2 LANTERN GROVE 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 LANTERN GROVE 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
2006 14 DEC	£387,995	£202,173	92% above HPI
2002 27 FEB	£252,450	£100,332	152% above HPI

2 LANTERN GROVE 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 LANTERN GROVE sales from February 2002 and December 2006 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 February 2002 sale was for 152% above the HPI. So the extrapolation line tracks at 152% above the HPI over time, until the December 2006 sale, where it falls to 92% above the HPI. The line then continues to track at 92% above the HPI.

How Large is 2 LANTERN GROVE?

2 LANTERN GROVE is 170m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 10% 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 LANTERN GROVE lies on this distribution: 90% of detached houses are smaller than 2 LANTERN GROVE, and 10% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 LANTERN GROVE: Plot and Title Map

2 LANTERN GROVE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 2 LANTERN GROVE, 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 LANTERN GROVE). 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 LANTERN GROVE?

2 LANTERN GROVE is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 2 on LANTERN GROVE.