21, PANAMA CIRCLE, DERBY, DE24 1AE - £170,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

21 PANAMA CIRCLE is a very small extended detached house of 58m², built sometime between 2007 and 2011. It was last sold for £170,000 in September 2024, which was around 46% below the average September 2024 detached price in the City of Derby local authority area. The most recent EPC inspection was September 2023, where the current energy rating was A, and the potential energy rating was A.

21 PANAMA CIRCLE Sold Prices

Land registry data shows three sales for 21 PANAMA CIRCLE 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 21 PANAMA CIRCLE sales were 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
2024 26 SEP	£170,000	£315,341	46% below HPI
2018 18 JUL	£143,000	£240,716	41% below HPI
2009 26 JUN	£109,950	£174,531	37% below HPI

21 PANAMA CIRCLE 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 21 PANAMA CIRCLE sales between June 2009 and September 2024 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 July 2018 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the September 2024 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 21 PANAMA CIRCLE?

21 PANAMA CIRCLE is 58m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the smallest 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 21 PANAMA CIRCLE lies on this distribution: 4% of detached houses are smaller than 21 PANAMA CIRCLE, and 96% of houses are larger. Note that EPC data is not available for all properties in Derby.

21 PANAMA CIRCLE: Plot and Title Map

21 PANAMA CIRCLE sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 21 PANAMA CIRCLE, 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 21 PANAMA CIRCLE). 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 21 PANAMA CIRCLE?

21 PANAMA CIRCLE is located in DERBY, in the DE24 postcode district. The below map shows the position of No. 21 on PANAMA CIRCLE.