38, FARNWAY, DARLEY ABBEY, DERBY, DE22 2BQ - £279,950

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

38 FARNWAY is a very small detached house of 70m², built sometime between 1976 and 1982. It was last sold for £279,950 in December 2020, which was around 7% above the average December 2020 detached price in the City of Derby local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was B.

38 FARNWAY Sold Prices

Land registry data shows two sales for 38 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 38 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
2020 17 DEC	£279,950	£262,839	7% above HPI
2020 7 FEB	£215,000	£246,223	13% below HPI

38 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 38 FARNWAY sales from February 2020 and December 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 February 2020 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2020 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 38 FARNWAY?

38 FARNWAY is 70m² according to the EPC inspection conducted in July 2019. 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 38 FARNWAY lies on this distribution: 11% of detached houses are smaller than 38 FARNWAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Derby.

38 FARNWAY: Plot and Title Map

38 FARNWAY sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 38 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 38 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 38 FARNWAY?

38 FARNWAY is located in DARLEY ABBEY, in the DE22 postcode district. The below map shows the position of No. 38 on FARNWAY.