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 PORTERS LANE is a midsized extended detached house of 112m², built sometime between 1996 and 2002. It was last sold for £387,000 in January 2023, which was around 25% above the average January 2023 detached price in the City of Derby local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 47 PORTERS LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the three 47 PORTERS 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 |
---|---|---|---|
2023 27 JAN | £387,000 | £308,603 | 25% above HPI |
2015 29 JAN | £249,995 | £204,850 | 22% above HPI |
1998 20 NOV | £103,950 | £70,713 | 47% above HPI |
The below graph shows the average detached house price in the City of Derby local authority area over time, sourced from the HPI. The three 47 PORTERS LANE sales between November 1998 and January 2023 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 2015 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the January 2023 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.
47 PORTERS LANE is 112m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the largest 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 47 PORTERS LANE lies on this distribution: 55% of detached houses are smaller than 47 PORTERS LANE, and 44% of houses are larger. Note that EPC data is not available for all properties in Derby.
47 PORTERS LANE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 47 PORTERS 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 PORTERS 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.
47 PORTERS LANE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 47 on PORTERS LANE.