31, FARNWAY, DARLEY ABBEY, DERBY, DE22 2BP - £239,950

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

31 FARNWAY is a very small extended detached house of 49m², built sometime between 1950 and 1966. It was last sold for £239,950 in January 2017, which was around 6% above the average January 2017 detached price in the City of Derby local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

31 FARNWAY Sold Prices

Land registry data shows two sales for 31 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. One of the two 31 FARNWAY 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
2017 20 JAN	£239,950	£226,306	6% above HPI
2014 24 APR	£176,000	£196,312	10% below HPI

31 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 31 FARNWAY sales from April 2014 and January 2017 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 April 2014 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2017 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 31 FARNWAY?

31 FARNWAY is 49m², which includes one extension, according to the EPC inspection conducted in June 2014. 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 31 FARNWAY lies on this distribution: 1% of detached houses are smaller than 31 FARNWAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Derby.

31 FARNWAY: Plot and Title Map

31 FARNWAY sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 31 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 31 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 31 FARNWAY?

31 FARNWAY is located in DARLEY ABBEY, in the DE22 postcode district. The below map shows the position of No. 31 on FARNWAY.