2, OWLERS LANE, LITTLEOVER, DERBY, DE23 6DE - £375,000

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 OWLERS LANE is a large detached house of 134m², built sometime from 2007 onwards, which could now be worth an estimated £417,487. It was last sold for £375,000 in April 2022, which was around 29% above the average April 2022 detached price in the City of Derby local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

2 OWLERS LANE Sold Prices

Land registry data shows three sales for 2 OWLERS LANE 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 OWLERS 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
2022 1 APR	£375,000	£289,835	29% above HPI
2019 5 SEP	£360,000	£245,509	47% above HPI
2010 24 SEP	£349,950	£191,207	83% above HPI

2 OWLERS 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 three 2 OWLERS LANE sales between September 2010 and April 2022 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 September 2019 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the April 2022 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 2 OWLERS LANE be worth now?

2 OWLERS LANE might now be worth an estimated £417,487.

This is based on house price inflation of 11.3%, between April 2022 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 11.3% inflationary increase is applied to the most recent sale price for 2 OWLERS LANE of £375,000 on 1st April 2022. For the value to have increased from £375,000 to £417,487 over the one year and four months to December 2024, the following assumptions must hold true:

• The value of 2 OWLERS LANE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The April 2022 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OWLERS LANE has not materially changed since April 2022.

How Large is 2 OWLERS LANE?

2 OWLERS LANE is 134m² according to the EPC inspection conducted in May 2012. 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 OWLERS LANE lies on this distribution: 77% of detached houses houses are smaller than 2 OWLERS LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 OWLERS LANE: Plot and Title Map

2 OWLERS LANE sits on a plot of roughly 0.141 of an acre, or 572m². The below map shows the location of 2 OWLERS 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 OWLERS 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 OWLERS LANE?

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