45, PANAMA CIRCLE, DERBY, DE24 1AE - £139,000

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 PANAMA CIRCLE is a very small semi-detached house of 67m², built sometime from 2007 onwards, which could now be worth an estimated £200,557. It was last sold for £139,000 in February 2017, which was around 4% below the average February 2017 semi-detached price in the City of Derby local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

45 PANAMA CIRCLE Sold Prices

Land registry data shows three sales for 45 PANAMA CIRCLE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the City of Derby local authority area for the corresponding sale date. Two of the three 45 PANAMA CIRCLE sales were for below the average price, whilst one was 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
2017 1 FEB	£139,000	£144,757	4% below HPI
2015 23 JUL	£125,000	£134,600	7% below HPI
2008 27 JUN	£135,000	£130,286	4% above HPI

45 PANAMA CIRCLE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the City of Derby local authority area over time, sourced from the HPI. The three 45 PANAMA CIRCLE sales between June 2008 and February 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 July 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2017 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 45 PANAMA CIRCLE be worth now?

45 PANAMA CIRCLE might now be worth an estimated £200,557.

This is based on house price inflation of 44.3%, between February 2017 and February 2025, for semi-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 44.3% inflationary increase is applied to the most recent sale price for 45 PANAMA CIRCLE of £139,000 on 1st February 2017. For the value to have increased from £139,000 to £200,557 over the eight years to February 2025, the following assumptions must hold true:

• The value of 45 PANAMA CIRCLE has moved in line with the HPI for semi-detached houses in the City of Derby local authority area.
• The February 2017 sale price of £139,000 represented a fair market value for the property.
• The size, condition, and specification of 45 PANAMA CIRCLE has not materially changed since February 2017.

How Large is 45 PANAMA CIRCLE?

45 PANAMA CIRCLE is 67m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% of semi-detached houses houses in Derby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Derby, and where 45 PANAMA CIRCLE lies on this distribution: 8% of semi-detached houses houses are smaller than 45 PANAMA CIRCLE, and 92% of houses are larger. Note that EPC data is not available for all properties in Derby.

45 PANAMA CIRCLE: Plot and Title Map

45 PANAMA CIRCLE sits on a plot of roughly 0.029 of an acre, or 119m². The below map shows the location of 45 PANAMA CIRCLE, 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 PANAMA CIRCLE). 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 PANAMA CIRCLE?

45 PANAMA CIRCLE is located in DERBY, in the DE24 postcode district. The below map shows the position of No. 45 on PANAMA CIRCLE.