47, BAKEHOUSE LANE, OCKBROOK, DERBY, DE72 3RH - £645,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

47 BAKEHOUSE LANE is a very large detached house of 174m², built sometime between 1950 and 1966. It was last sold for £645,000 in September 2020, which was around 158% above the average September 2020 detached price in the Erewash local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was C.

47 BAKEHOUSE LANE Sold Prices

Land registry data shows three sales for 47 BAKEHOUSE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the three 47 BAKEHOUSE 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
2020 4 SEP	£645,000	£250,162	158% above HPI
2014 26 SEP	£360,000	£192,283	87% above HPI
2004 21 DEC	£268,000	£172,160	56% above HPI

47 BAKEHOUSE 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 three 47 BAKEHOUSE LANE sales between December 2004 and September 2020 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 2014 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the September 2020 sale, where it rises to 158% above the HPI. The line then continues to track at 158% above the HPI.

How Large is 47 BAKEHOUSE LANE?

47 BAKEHOUSE LANE is 174m² according to the EPC inspection conducted in July 2014. This puts it in the largest 20% of detached houses in Ockbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Ockbrook, and where 47 BAKEHOUSE LANE lies on this distribution: 89% of detached houses are smaller than 47 BAKEHOUSE LANE, and 11% of houses are larger. Note that EPC data is not available for all properties in Ockbrook.

47 BAKEHOUSE LANE: Plot and Title Map

47 BAKEHOUSE LANE sits on a plot of roughly 0.306 of an acre, or 1,238m². The below map shows the location of 47 BAKEHOUSE 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 47 BAKEHOUSE 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 47 BAKEHOUSE LANE?

47 BAKEHOUSE LANE is located in OCKBROOK, in the DE72 postcode district. The below map shows the position of No. 47 on BAKEHOUSE LANE.