3, LOCKO ROAD, SPONDON, DERBY, DE21 7AL - £148,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

3 LOCKO ROAD is a very small extended detached house of 57m², built sometime between 1967 and 1975. It was last sold for £148,000 in July 2020, which was around 41% below the average July 2020 detached price in the City of Derby local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

3 LOCKO ROAD Sold Prices

Land registry data shows three sales for 3 LOCKO ROAD 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 3 LOCKO ROAD 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 13 JUL	£148,000	£250,359	41% below HPI
2001 2 MAY	£79,000	£87,247	9% below HPI
1996 2 AUG	£57,000	£63,557	10% below HPI

3 LOCKO 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 three 3 LOCKO ROAD sales between August 1996 and July 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 May 2001 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2020 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 3 LOCKO ROAD?

3 LOCKO ROAD is 57m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 3 LOCKO ROAD lies on this distribution: 4% of detached houses are smaller than 3 LOCKO ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Derby.

3 LOCKO ROAD: Plot and Title Map

3 LOCKO ROAD sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 3 LOCKO 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 LOCKO 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 LOCKO ROAD?

3 LOCKO ROAD is located in SPONDON, in the DE21 postcode district. The below map shows the position of No. 3 on LOCKO ROAD.