56, FORD LANE, ALLESTREE, DERBY, DE22 2EY - £400,000

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

56 FORD LANE is a very large extended detached house of 152m², built sometime between 1967 and 1975, which could now be worth an estimated £669,873. It was last sold for £400,000 in September 2013, which was around 108% above the average September 2013 detached price in the City of Derby local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was C.

56 FORD LANE Sold Prices

Land registry data shows four sales for 56 FORD 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 56 FORD 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
2013 20 SEP	£400,000	£192,677	108% above HPI
2009 11 DEC	£325,000	£187,481	73% above HPI
2007 30 APR	£335,000	£201,592	66% above HPI
2003 16 APR	£250,000	£136,413	83% above HPI

56 FORD 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 56 FORD LANE sales between April 2003 and September 2013 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 December 2009 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the September 2013 sale, where it rises to 108% above the HPI. The line then continues to track at 108% above the HPI.

What might 56 FORD LANE be worth now?

56 FORD LANE might now be worth an estimated £669,873.

This is based on house price inflation of 67.5%, between September 2013 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 67.5% inflationary increase is applied to the most recent sale price for 56 FORD LANE of £400,000 on 20th September 2013. For the value to have increased from £400,000 to £669,873 over the ten years and nine months to December 2024, the following assumptions must hold true:

• The value of 56 FORD LANE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The September 2013 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 56 FORD LANE has not materially changed since September 2013.

How Large is 56 FORD LANE?

56 FORD LANE is 152m², which includes two extensions, according to the EPC inspection conducted in August 2009. This puts it in the largest 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 56 FORD LANE lies on this distribution: 85% of detached houses houses are smaller than 56 FORD LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Derby.

56 FORD LANE: Plot and Title Map

56 FORD LANE sits on a plot of roughly 0.178 of an acre, or 722m². The below map shows the location of 56 FORD 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 56 FORD 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 56 FORD LANE?

56 FORD LANE is located in ALLESTREE, in the DE22 postcode district. The below map shows the position of No. 56 on FORD LANE.