23, MORLEY LANE, LITTLE EATON, DERBY, DE21 5AH - £640,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

23 MORLEY LANE is a large extended detached house of 170m², built sometime between 1930 and 1949. It was last sold for £640,000 in December 2022, which was around 107% above the average December 2022 detached price in the Erewash local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

23 MORLEY LANE Sold Prices

Land registry data shows three sales for 23 MORLEY 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 Erewash local authority area for the corresponding sale date. All of the three 23 MORLEY 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 14 DEC	£640,000	£308,873	107% above HPI
2006 20 JAN	£315,000	£167,526	88% above HPI
1999 20 AUG	£175,000	£71,047	146% above HPI

23 MORLEY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The three 23 MORLEY LANE sales between August 1999 and December 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 January 2006 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the December 2022 sale, where it rises to 107% above the HPI. The line then continues to track at 107% above the HPI.

How Large is 23 MORLEY LANE?

23 MORLEY LANE is 170m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 30% of detached houses in Little Eaton, based on EPC data. The below chart shows the distribution of detached houses by size in Little Eaton, and where 23 MORLEY LANE lies on this distribution: 77% of detached houses are smaller than 23 MORLEY LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Little Eaton.

23 MORLEY LANE: Plot and Title Map

23 MORLEY LANE sits on a plot of roughly 0.354 of an acre, or 1,432m². The below map shows the location of 23 MORLEY 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 MORLEY 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 MORLEY LANE?

23 MORLEY LANE is located in LITTLE EATON, in the DE21 postcode district. The below map shows the position of No. 23 on MORLEY LANE.