34, PARK LANE, LITTLEOVER, DERBY, DE23 6FX - £200,000

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

34 PARK LANE is a very small detached house of 79m², built sometime between 1930 and 1949. It was last sold for £200,000 in January 2011, which was around 9% above the average January 2011 detached price in the City of Derby local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

34 PARK LANE Sold Prices

Land registry data shows four sales for 34 PARK LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the four 34 PARK LANE 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
2011 27 JAN	£200,000	£182,700	9% above HPI
2003 18 JUL	£155,000	£144,789	7% above HPI
2000 18 APR	£95,000	£81,156	17% above HPI
1999 12 FEB	£88,000	£68,514	28% above HPI

34 PARK 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 four 34 PARK LANE sales between February 1999 and January 2011 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 July 2003 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the January 2011 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 34 PARK LANE?

34 PARK LANE is 79m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 20% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 34 PARK LANE lies on this distribution: 19% of detached houses are smaller than 34 PARK LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Derby.

34 PARK LANE: Plot and Title Map

34 PARK LANE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 34 PARK 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 34 PARK 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 34 PARK LANE?

34 PARK LANE is located in LITTLEOVER, in the DE23 postcode district. The below map shows the position of No. 34 on PARK LANE.