4, THE LEES, ELVASTON, DERBY, DE72 3UN - £255,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

4 THE LEES is a midsized detached house of 100m², built sometime between 1996 and 2002. It was last sold for £255,000 in October 2017, which was around 7% below the average October 2017 detached price in the South Derbyshire local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

4 THE LEES Sold Prices

Land registry data shows three sales for 4 THE LEES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. The three 4 THE LEES sales were a mix of below the average price, roughly equal to the average price, and 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
2017 30 OCT	£255,000	£274,255	7% below HPI
2001 25 JAN	£107,000	£106,504	Close to HPI
1997 28 NOV	£89,950	£79,344	13% above HPI

4 THE LEES Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The three 4 THE LEES sales between November 1997 and October 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 January 2001 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2017 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 4 THE LEES?

4 THE LEES is 100m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 50% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 4 THE LEES lies on this distribution: 42% of detached houses are smaller than 4 THE LEES, and 57% of houses are larger. Note that EPC data is not available for all properties in Derby.

4 THE LEES: Plot and Title Map

4 THE LEES sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 4 THE LEES, 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 THE LEES). 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 THE LEES?

4 THE LEES is located in ELVASTON, in the DE72 postcode district. The below map shows the position of No. 4 on THE LEES.