2, LARK RISE, CHADDESDEN, DERBY, DE21 4TY - £850,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 LARK RISE is a very large detached house of 453m², which could now be worth an estimated £1,014,309. It was last sold for £850,000 in April 2021, which was around 219% above the average April 2021 detached price in the City of Derby local authority area. The most recent EPC inspection was April 2018, where the current energy rating was B, and the potential energy rating was B.

2 LARK RISE Sold Prices

Land registry data shows two sales for 2 LARK RISE 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. One of the two 2 LARK RISE sales was for above the average price, whilst the other was for below 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
2021 30 APR	£850,000	£266,351	219% above HPI
2008 13 AUG	£195,000	£200,431	3% below HPI

2 LARK RISE 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 LARK RISE sales from August 2008 and April 2021 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 2008 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the April 2021 sale, where it rises to 219% above the HPI. The line then continues to track at 219% above the HPI.

What might 2 LARK RISE be worth now?

2 LARK RISE might now be worth an estimated £1,014,309.

This is based on house price inflation of 19.3%, between April 2021 and June 2025, 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 19.3% inflationary increase is applied to the most recent sale price for 2 LARK RISE of £850,000 on 30th April 2021. For the value to have increased from £850,000 to £1,014,309 over the three years and ten months to June 2025, the following assumptions must hold true:

• The value of 2 LARK RISE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The April 2021 sale price of £850,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LARK RISE has not materially changed since April 2021.

How Large is 2 LARK RISE?

2 LARK RISE is 453m² according to the EPC inspection conducted in April 2018. This puts it in the largest 10% 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 LARK RISE lies on this distribution: More than 99% of detached houses houses are smaller than 2 LARK RISE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 LARK RISE: Plot and Title Map

2 LARK RISE sits on a plot of roughly 0.266 of an acre, or 1,077m². The below map shows the location of 2 LARK RISE, 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 LARK RISE). 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 LARK RISE?

2 LARK RISE is located in CHADDESDEN, in the DE21 postcode district. The below map shows the position of No. 2 on LARK RISE.