23, FARMLANDS LANE, LITTLEOVER, DERBY, DE23 2UR - £330,500

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.

23 FARMLANDS LANE is a midsized extended detached house of 103m², built sometime between 1996 and 2002, which could now be worth an estimated £364,983. It was last sold for £330,500 in December 2021, which was around 17% above the average December 2021 detached price in the City of Derby local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

23 FARMLANDS LANE Sold Prices

Land registry data shows two sales for 23 FARMLANDS LANE 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 23 FARMLANDS 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
2021 17 DEC	£330,500	£282,722	17% above HPI
1998 20 MAR	£85,950	£66,824	29% above HPI

23 FARMLANDS 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 two 23 FARMLANDS LANE sales from March 1998 and December 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 March 1998 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the December 2021 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 23 FARMLANDS LANE be worth now?

23 FARMLANDS LANE might now be worth an estimated £364,983.

This is based on house price inflation of 10.4%, between December 2021 and March 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 10.4% inflationary increase is applied to the most recent sale price for 23 FARMLANDS LANE of £330,500 on 17th December 2021. For the value to have increased from £330,500 to £364,983 over the four years and nine months to March 2025, the following assumptions must hold true:

• The value of 23 FARMLANDS LANE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The December 2021 sale price of £330,500 represented a fair market value for the property.
• The size, condition, and specification of 23 FARMLANDS LANE has not materially changed since December 2021.

How Large is 23 FARMLANDS LANE?

23 FARMLANDS LANE is 103m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 50% 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 23 FARMLANDS LANE lies on this distribution: 45% of detached houses houses are smaller than 23 FARMLANDS LANE, and 54% of houses are larger. Note that EPC data is not available for all properties in Derby.

23 FARMLANDS LANE: Plot and Title Map

23 FARMLANDS LANE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 23 FARMLANDS 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 23 FARMLANDS 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 23 FARMLANDS LANE?

23 FARMLANDS LANE is located in LITTLEOVER, in the DE23 postcode district. The below map shows the position of No. 23 on FARMLANDS LANE.