45, FARNWAY, DARLEY ABBEY, DERBY, DE22 2BQ - £215,000

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

45 FARNWAY is a very small extended detached house of 67m², built sometime between 1967 and 1975. It was last sold for £215,000 in September 2015, which was about the average September 2015 detached price in the City of Derby local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

45 FARNWAY Sold Prices

Land registry data shows two sales for 45 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 45 FARNWAY sales was roughly equal to 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
2015 4 SEP	£215,000	£214,871	Close to HPI
2003 26 SEP	£150,000	£152,614	2% below HPI

45 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 45 FARNWAY sales from September 2003 and September 2015 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 2003 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2015 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 45 FARNWAY?

45 FARNWAY is 67m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 45 FARNWAY lies on this distribution: 8% of detached houses are smaller than 45 FARNWAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Derby.

45 FARNWAY: Plot and Title Map

45 FARNWAY sits on a plot of roughly 0.135 of an acre, or 548m². The below map shows the location of 45 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 45 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 45 FARNWAY?

45 FARNWAY is located in DARLEY ABBEY, in the DE22 postcode district. The below map shows the position of No. 45 on FARNWAY.