4, BINSCOMBE LANE, OAKWOOD, DERBY, DE21 2AZ - £232,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 BINSCOMBE LANE is a very large extended detached house of 144m², built sometime between 1967 and 1975, which could now be worth an estimated £444,728. It was last sold for £232,000 in May 2009, which was around 38% above the average May 2009 detached price in the City of Derby local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

4 BINSCOMBE LANE Sold Prices

Land registry data shows two sales for 4 BINSCOMBE LANE 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. Both of the two 4 BINSCOMBE 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
2009 19 MAY	£232,000	£168,328	38% above HPI
1996 30 SEP	£122,500	£64,388	90% above HPI

4 BINSCOMBE 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 two 4 BINSCOMBE LANE sales from September 1996 and May 2009 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 September 1996 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the May 2009 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 4 BINSCOMBE LANE be worth now?

4 BINSCOMBE LANE might now be worth an estimated £444,728.

This is based on house price inflation of 91.7%, between May 2009 and December 2024, 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 91.7% inflationary increase is applied to the most recent sale price for 4 BINSCOMBE LANE of £232,000 on 19th May 2009. For the value to have increased from £232,000 to £444,728 over the fourteen years and five months to December 2024, the following assumptions must hold true:

• The value of 4 BINSCOMBE LANE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The May 2009 sale price of £232,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BINSCOMBE LANE has not materially changed since May 2009.

How Large is 4 BINSCOMBE LANE?

4 BINSCOMBE LANE is 144m², which includes two extensions, according to the EPC inspection conducted in March 2009. 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 4 BINSCOMBE LANE lies on this distribution: 82% of detached houses houses are smaller than 4 BINSCOMBE LANE, and 18% of houses are larger. Note that EPC data is not available for all properties in Derby.

4 BINSCOMBE LANE: Plot and Title Map

4 BINSCOMBE LANE sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 4 BINSCOMBE 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 4 BINSCOMBE 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 4 BINSCOMBE LANE?

4 BINSCOMBE LANE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 4 on BINSCOMBE LANE.