48, FELLOW LANDS WAY, CHELLASTON, DERBY, DE73 6SW - £133,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

48 FELLOW LANDS WAY is a very small extended detached house of 79m², built sometime between 1996 and 2002, which could now be worth an estimated £241,207. It was last sold for £133,950 in July 2004, which was around 25% below the average July 2004 detached price in the City of Derby local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

48 FELLOW LANDS WAY Sold Prices

Land registry data shows two sales for 48 FELLOW LANDS WAY 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. Both of the two 48 FELLOW LANDS WAY sales were 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
2004 23 JUL	£133,950	£179,191	25% below HPI
2004 6 MAY	£120,500	£170,291	29% below HPI

48 FELLOW LANDS WAY 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 48 FELLOW LANDS WAY sales from May 2004 and July 2004 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 May 2004 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2004 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 48 FELLOW LANDS WAY be worth now?

48 FELLOW LANDS WAY might now be worth an estimated £241,207.

This is based on house price inflation of 80.1%, between July 2004 and December 2024, for 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 80.1% inflationary increase is applied to the most recent sale price for 48 FELLOW LANDS WAY of £133,950 on 23rd July 2004. For the value to have increased from £133,950 to £241,207 over the nineteen years and seven months to December 2024, the following assumptions must hold true:

• The value of 48 FELLOW LANDS WAY has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The July 2004 sale price of £133,950 represented a fair market value for the property.
• The size, condition, and specification of 48 FELLOW LANDS WAY has not materially changed since July 2004.

How Large is 48 FELLOW LANDS WAY?

48 FELLOW LANDS WAY is 79m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% of detached houses houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 48 FELLOW LANDS WAY lies on this distribution: 19% of detached houses houses are smaller than 48 FELLOW LANDS WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Derby.

48 FELLOW LANDS WAY: Plot and Title Map

48 FELLOW LANDS WAY sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 48 FELLOW LANDS WAY, 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 48 FELLOW LANDS WAY). 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 48 FELLOW LANDS WAY?

48 FELLOW LANDS WAY is located in CHELLASTON, in the DE73 postcode district. The below map shows the position of No. 48 on FELLOW LANDS WAY.