26, FARNWAY, DARLEY ABBEY, DERBY, DE22 2BQ - £232,500

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.

26 FARNWAY is a very small extended detached house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £299,259. It was last sold for £232,500 in June 2020, which was around 6% below the average June 2020 detached price in the City of Derby local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

26 FARNWAY Sold Prices

Land registry data shows two sales for 26 FARNWAY 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 26 FARNWAY 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
2020 19 JUN	£232,500	£246,833	6% below HPI
2014 11 JUN	£174,000	£200,106	13% below HPI

26 FARNWAY 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 26 FARNWAY sales from June 2014 and June 2020 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 June 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2020 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 26 FARNWAY be worth now?

26 FARNWAY might now be worth an estimated £299,259.

This is based on house price inflation of 28.7%, between June 2020 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 28.7% inflationary increase is applied to the most recent sale price for 26 FARNWAY of £232,500 on 19th June 2020. For the value to have increased from £232,500 to £299,259 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 26 FARNWAY has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The June 2020 sale price of £232,500 represented a fair market value for the property.
• The size, condition, and specification of 26 FARNWAY has not materially changed since June 2020.

How Large is 26 FARNWAY?

26 FARNWAY is 69m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% 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 26 FARNWAY lies on this distribution: 10% of detached houses houses are smaller than 26 FARNWAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Derby.

26 FARNWAY: Plot and Title Map

26 FARNWAY sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 26 FARNWAY, 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 26 FARNWAY). 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 26 FARNWAY?

26 FARNWAY is located in DARLEY ABBEY, in the DE22 postcode district. The below map shows the position of No. 26 on FARNWAY.