3, LENS ROAD, ALLESTREE, DERBY, DE22 2NB - £440,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 LENS ROAD is a large detached house of 121m², built sometime between 1950 and 1966, which could now be worth an estimated £462,728. It was last sold for £440,000 in March 2024, which was around 43% above the average March 2024 detached price in the City of Derby local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

3 LENS ROAD Sold Prices

Land registry data shows two sales for 3 LENS ROAD 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 3 LENS ROAD 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
2024 21 MAR	£440,000	£306,824	43% above HPI
2021 18 JUN	£275,000	£270,339	2% above HPI

3 LENS ROAD 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 3 LENS ROAD sales from June 2021 and March 2024 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 2021 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2024 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 3 LENS ROAD be worth now?

3 LENS ROAD might now be worth an estimated £462,728.

This is based on house price inflation of 5.2%, between March 2024 and December 2024, 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 5.2% inflationary increase is applied to the most recent sale price for 3 LENS ROAD of £440,000 on 21st March 2024. For the value to have increased from £440,000 to £462,728 over the three months to December 2024, the following assumptions must hold true:

• The value of 3 LENS ROAD has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The March 2024 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LENS ROAD has not materially changed since March 2024.

How Large is 3 LENS ROAD?

3 LENS ROAD is 121m² according to the EPC inspection conducted in May 2023. This puts it in the largest 40% 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 3 LENS ROAD lies on this distribution: 65% of detached houses houses are smaller than 3 LENS ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in Derby.

3 LENS ROAD: Plot and Title Map

3 LENS ROAD sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of 3 LENS ROAD, 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 3 LENS ROAD). 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 3 LENS ROAD?

3 LENS ROAD is located in ALLESTREE, in the DE22 postcode district. The below map shows the position of No. 3 on LENS ROAD.