49, FARMLANDS LANE, LITTLEOVER, DERBY, DE23 2UR - £275,000

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

49 FARMLANDS LANE is a large extended detached house of 117m², built sometime between 1996 and 2002. It was last sold for £275,000 in March 2018, which was around 18% above the average March 2018 detached price in the City of Derby local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

49 FARMLANDS LANE Sold Prices

Land registry data shows two sales for 49 FARMLANDS LANE 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 49 FARMLANDS 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
2018 2 MAR	£275,000	£233,459	18% above HPI
1998 6 FEB	£90,160	£66,649	35% above HPI

49 FARMLANDS LANE 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 49 FARMLANDS LANE sales from February 1998 and March 2018 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 February 1998 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the March 2018 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 49 FARMLANDS LANE?

49 FARMLANDS LANE is 117m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the largest 40% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 49 FARMLANDS LANE lies on this distribution: 61% of detached houses are smaller than 49 FARMLANDS LANE, and 38% of houses are larger. Note that EPC data is not available for all properties in Derby.

49 FARMLANDS LANE: Plot and Title Map

49 FARMLANDS LANE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 49 FARMLANDS 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 49 FARMLANDS 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 49 FARMLANDS LANE?

49 FARMLANDS LANE is located in LITTLEOVER, in the DE23 postcode district. The below map shows the position of No. 49 on FARMLANDS LANE.