24, PORTERS LANE, OAKWOOD, DERBY, DE21 4FZ - £382,500

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.

24 PORTERS LANE is a very large detached house of 186m², built sometime between 1996 and 2002, which could now be worth an estimated £644,768. It was last sold for £382,500 in November 2005, which was around 103% above the average November 2005 detached price in the City of Derby local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

24 PORTERS LANE Sold Prices

Land registry data shows three sales for 24 PORTERS 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 24 PORTERS 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
2005 3 NOV	£382,500	£188,476	103% above HPI
2001 31 AUG	£270,000	£94,235	187% above HPI
1998 26 JUN	£219,950	£68,065	223% above HPI

24 PORTERS 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 24 PORTERS LANE sales between June 1998 and November 2005 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 2001 sale was for 187% above the HPI. So the extrapolation line tracks at 187% above the HPI over time, until the November 2005 sale, where it falls to 103% above the HPI. The line then continues to track at 103% above the HPI.

What might 24 PORTERS LANE be worth now?

24 PORTERS LANE might now be worth an estimated £644,768.

This is based on house price inflation of 68.6%, between November 2005 and February 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 68.6% inflationary increase is applied to the most recent sale price for 24 PORTERS LANE of £382,500 on 3rd November 2005. For the value to have increased from £382,500 to £644,768 over the twenty years and nine months to February 2025, the following assumptions must hold true:

• The value of 24 PORTERS LANE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The November 2005 sale price of £382,500 represented a fair market value for the property.
• The size, condition, and specification of 24 PORTERS LANE has not materially changed since November 2005.

How Large is 24 PORTERS LANE?

24 PORTERS LANE is 186m² according to the EPC inspection conducted in November 2023. 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 24 PORTERS LANE lies on this distribution: 94% of detached houses houses are smaller than 24 PORTERS LANE, and 6% of houses are larger. Note that EPC data is not available for all properties in Derby.

24 PORTERS LANE: Plot and Title Map

24 PORTERS LANE sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 24 PORTERS 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 24 PORTERS 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 24 PORTERS LANE?

24 PORTERS LANE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 24 on PORTERS LANE.