2A, FIELD LANE, ALVASTON, DERBY, DE24 0GP - £173,000

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

2A FIELD LANE is a small detached house of 96m², built sometime between 1976 and 1982. It was last sold for £173,000 in April 2004, which was around 4% above the average April 2004 detached price in the City of Derby local authority area. The most recent EPC inspection was February 2018, where the current energy rating was E, and the potential energy rating was C.

2A FIELD LANE Sold Prices

Land registry data shows three sales for 2A FIELD 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. Two of the three 2A FIELD LANE sales were for above the average price, whilst one 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
2004 23 APR	£173,000	£165,616	4% above HPI
2002 21 JUN	£99,950	£108,262	8% below HPI
1997 21 MAR	£66,000	£64,682	2% above HPI

2A FIELD 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 2A FIELD LANE sales between March 1997 and April 2004 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 2002 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2004 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 2A FIELD LANE?

2A FIELD LANE is 96m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 40% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 2A FIELD LANE lies on this distribution: 39% of detached houses are smaller than 2A FIELD LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Derby.

2A FIELD LANE: Plot and Title Map

2A FIELD LANE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 2A FIELD 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 2A FIELD 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 2A FIELD LANE?

2A FIELD LANE is located in ALVASTON, in the DE24 postcode district. The below map shows the position of No. 2A on FIELD LANE.