7, FORD LANE, ALLESTREE, DERBY, DE22 2EX - £279,950

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

7 FORD LANE is a small extended detached house of 96m², built sometime between 1930 and 1949. It was last sold for £279,950 in May 2011, which was around 54% above the average May 2011 detached price in the City of Derby local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was D.

7 FORD LANE Sold Prices

Land registry data shows three sales for 7 FORD LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the three 7 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
2011 27 MAY	£279,950	£181,926	54% above HPI
2003 11 JUL	£200,000	£144,789	38% above HPI
1999 18 JUN	£100,000	£71,491	40% above HPI

7 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 three 7 FORD LANE sales between June 1999 and May 2011 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 2003 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the May 2011 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is 7 FORD LANE?

7 FORD LANE is 96m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the smallest 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 7 FORD LANE lies on this distribution: 39% of detached houses are smaller than 7 FORD LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Derby.

7 FORD LANE: Plot and Title Map

7 FORD LANE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 7 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 7 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 7 FORD LANE?

7 FORD LANE is located in ALLESTREE, in the DE22 postcode district. The below map shows the position of No. 7 on FORD LANE.