45, COLE LANE, OCKBROOK, DERBY, DE72 3RD - £375,000

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.

45 COLE LANE is a very large extended detached house of 165m², built sometime between 1967 and 1975, which could now be worth an estimated £706,480. It was last sold for £375,000 in August 2009, which was around 121% above the average August 2009 detached price in the Erewash local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was D.

45 COLE LANE Sold Prices

Land registry data shows two sales for 45 COLE 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 Erewash local authority area for the corresponding sale date. Both of the two 45 COLE 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 4 AUG	£375,000	£169,327	121% above HPI
2000 30 OCT	£247,500	£84,885	192% above HPI

45 COLE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 45 COLE LANE sales from October 2000 and August 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 October 2000 sale was for 192% above the HPI. So the extrapolation line tracks at 192% above the HPI over time, until the August 2009 sale, where it falls to 121% above the HPI. The line then continues to track at 121% above the HPI.

What might 45 COLE LANE be worth now?

45 COLE LANE might now be worth an estimated £706,480.

This is based on house price inflation of 88.4%, between August 2009 and February 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 88.4% inflationary increase is applied to the most recent sale price for 45 COLE LANE of £375,000 on 4th August 2009. For the value to have increased from £375,000 to £706,480 over the sixteen years and six months to February 2025, the following assumptions must hold true:

• The value of 45 COLE LANE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The August 2009 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 45 COLE LANE has not materially changed since August 2009.

How Large is 45 COLE LANE?

45 COLE LANE is 165m², which includes two extensions, according to the EPC inspection conducted in October 2008. This puts it in the largest 20% of detached houses houses in Ockbrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ockbrook, and where 45 COLE LANE lies on this distribution: 87% of detached houses houses are smaller than 45 COLE LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Ockbrook.

45 COLE LANE: Plot and Title Map

45 COLE LANE sits on a plot of roughly 0.408 of an acre, or 1,652m². The below map shows the location of 45 COLE 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 45 COLE 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 45 COLE LANE?

45 COLE LANE is located in OCKBROOK, in the DE72 postcode district. The below map shows the position of No. 45 on COLE LANE.