39, SNELSMOOR LANE, CHELLASTON, DERBY, DE73 6NQ - £327,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

39 SNELSMOOR LANE is a very large extended detached house of 163m², built sometime between 1996 and 2002, which could now be worth an estimated £400,016. It was last sold for £327,000 in November 2020, which was around 26% above the average November 2020 detached price in the City of Derby local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

39 SNELSMOOR LANE Sold Prices

Land registry data shows four sales for 39 SNELSMOOR 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. Most of the four 39 SNELSMOOR 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
2020 13 NOV	£327,000	£259,822	26% above HPI
2011 28 OCT	£280,000	£189,002	48% above HPI
1998 27 JUL	£55,000	£68,947	20% below HPI
1997 19 DEC	£115,995	£68,012	71% above HPI

39 SNELSMOOR 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 39 SNELSMOOR LANE sales between December 1997 and November 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 October 2011 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the November 2020 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 39 SNELSMOOR LANE be worth now?

39 SNELSMOOR LANE might now be worth an estimated £400,016.

This is based on house price inflation of 22.3%, between November 2020 and June 2025, 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 22.3% inflationary increase is applied to the most recent sale price for 39 SNELSMOOR LANE of £327,000 on 13th November 2020. For the value to have increased from £327,000 to £400,016 over the five years and five months to June 2025, the following assumptions must hold true:

• The value of 39 SNELSMOOR LANE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The November 2020 sale price of £327,000 represented a fair market value for the property.
• The size, condition, and specification of 39 SNELSMOOR LANE has not materially changed since November 2020.

How Large is 39 SNELSMOOR LANE?

39 SNELSMOOR LANE is 163m², which includes two extensions, according to the EPC inspection conducted in May 2011. This puts it in the largest 20% 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 39 SNELSMOOR LANE lies on this distribution: 88% of detached houses houses are smaller than 39 SNELSMOOR LANE, and 12% of houses are larger. Note that EPC data is not available for all properties in Derby.

39 SNELSMOOR LANE: Plot and Title Map

39 SNELSMOOR LANE sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 39 SNELSMOOR 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 39 SNELSMOOR 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 39 SNELSMOOR LANE?

39 SNELSMOOR LANE is located in CHELLASTON, in the DE73 postcode district. The below map shows the position of No. 39 on SNELSMOOR LANE.