51, PORTERS LANE, OAKWOOD, DERBY, DE21 4FZ - £296,000

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.

51 PORTERS LANE is a large detached house of 124m², built sometime between 1996 and 2002, which could now be worth an estimated £416,631. It was last sold for £296,000 in August 2016, which was around 31% above the average August 2016 detached price in the City of Derby local authority area. The most recent EPC inspection was August 2010, where the current energy rating was C, and the potential energy rating was C.

51 PORTERS LANE Sold Prices

Land registry data shows four sales for 51 PORTERS LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the four 51 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
2016 15 AUG	£296,000	£225,719	31% above HPI
2013 2 AUG	£242,000	£195,106	24% above HPI
2002 5 JUL	£212,000	£112,689	88% above HPI
1999 3 DEC	£123,950	£75,926	63% above HPI

51 PORTERS 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 four 51 PORTERS LANE sales between December 1999 and August 2016 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 August 2013 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the August 2016 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 51 PORTERS LANE be worth now?

51 PORTERS LANE might now be worth an estimated £416,631.

This is based on house price inflation of 40.8%, between August 2016 and February 2025, 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 40.8% inflationary increase is applied to the most recent sale price for 51 PORTERS LANE of £296,000 on 15th August 2016. For the value to have increased from £296,000 to £416,631 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 51 PORTERS LANE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The August 2016 sale price of £296,000 represented a fair market value for the property.
• The size, condition, and specification of 51 PORTERS LANE has not materially changed since August 2016.

How Large is 51 PORTERS LANE?

51 PORTERS LANE is 124m² according to the EPC inspection conducted in August 2010. This puts it in the largest 40% 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 51 PORTERS LANE lies on this distribution: 68% of detached houses houses are smaller than 51 PORTERS LANE, and 32% of houses are larger. Note that EPC data is not available for all properties in Derby.

51 PORTERS LANE: Plot and Title Map

51 PORTERS LANE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 51 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 51 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.

Where is 51 PORTERS LANE?

51 PORTERS LANE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 51 on PORTERS LANE.