6, CHAIN LANE, MICKLEOVER, DERBY, DE3 9AJ - £156,000

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

6 CHAIN LANE is a midsized detached house of 100m², built sometime between 1967 and 1975. It was last sold for £156,000 in December 2014, which was around 24% below the average December 2014 detached price in the City of Derby local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was D.

6 CHAIN LANE Sold Prices

Land registry data shows two sales for 6 CHAIN 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 6 CHAIN LANE 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
2014 5 DEC	£156,000	£205,301	24% below HPI
2010 23 JUL	£183,000	£188,663	3% below HPI

6 CHAIN 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 6 CHAIN LANE sales from July 2010 and December 2014 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 July 2010 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the December 2014 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 6 CHAIN LANE?

6 CHAIN LANE is 100m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 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 6 CHAIN LANE lies on this distribution: 42% of detached houses are smaller than 6 CHAIN LANE, and 58% of houses are larger. Note that EPC data is not available for all properties in Derby.

6 CHAIN LANE: Plot and Title Map

6 CHAIN LANE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 6 CHAIN 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 6 CHAIN 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 6 CHAIN LANE?

6 CHAIN LANE is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 6 on CHAIN LANE.