24A, WOODLANDS LANE, QUARNDON, DERBY, DE22 5JU - £695,000

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.

24A WOODLANDS LANE is a small detached house of 159m², which could now be worth an estimated £754,121. It was last sold for £695,000 in September 2022, which was around 122% above the average September 2022 detached price in the Amber Valley local authority area. The most recent EPC inspection was November 2020, where the current energy rating was B, and the potential energy rating was A.

24A WOODLANDS LANE Sold Prices

Land registry data shows two sales for 24A WOODLANDS 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 Amber Valley local authority area for the corresponding sale date. One of the two 24A WOODLANDS LANE sales was for above the average price, whilst the other was 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
2022 23 SEP	£695,000	£313,236	122% above HPI
2018 30 OCT	£120,000	£245,791	51% below HPI

24A WOODLANDS LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The two 24A WOODLANDS LANE sales from October 2018 and September 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 October 2018 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the September 2022 sale, where it rises to 122% above the HPI. The line then continues to track at 122% above the HPI.

What might 24A WOODLANDS LANE be worth now?

24A WOODLANDS LANE might now be worth an estimated £754,121.

This is based on house price inflation of 8.5%, between September 2022 and February 2025, for detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.5% inflationary increase is applied to the most recent sale price for 24A WOODLANDS LANE of £695,000 on 23rd September 2022. For the value to have increased from £695,000 to £754,121 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 24A WOODLANDS LANE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The September 2022 sale price of £695,000 represented a fair market value for the property.
• The size, condition, and specification of 24A WOODLANDS LANE has not materially changed since September 2022.

How Large is 24A WOODLANDS LANE?

24A WOODLANDS LANE is 159m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 30% of detached houses houses in Quarndon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Quarndon, and where 24A WOODLANDS LANE lies on this distribution: 29% of detached houses houses are smaller than 24A WOODLANDS LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Quarndon.

24A WOODLANDS LANE: Plot and Title Map

24A WOODLANDS LANE sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 24A WOODLANDS 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 24A WOODLANDS 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 24A WOODLANDS LANE?

24A WOODLANDS LANE is located in QUARNDON, in the DE22 postcode district. The below map shows the position of No. 24A on WOODLANDS LANE.