7, LANCASTER WALK, SPONDON, DERBY, DE21 7LS - £225,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

7 LANCASTER WALK is a very small detached house of 55m², built sometime between 1967 and 1975. It was last sold for £225,000 in January 2024, which was around 26% below the average January 2024 detached price in the City of Derby local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

7 LANCASTER WALK Sold Prices

Land registry data shows two sales for 7 LANCASTER WALK 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 7 LANCASTER WALK 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
2024 29 JAN	£225,000	£303,204	26% below HPI
2020 23 OCT	£165,000	£257,862	36% below HPI

7 LANCASTER WALK 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 7 LANCASTER WALK sales from October 2020 and January 2024 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 October 2020 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the January 2024 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 7 LANCASTER WALK?

7 LANCASTER WALK is 55m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% 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 LANCASTER WALK lies on this distribution: 3% of detached houses are smaller than 7 LANCASTER WALK, and 97% of houses are larger. Note that EPC data is not available for all properties in Derby.

7 LANCASTER WALK: Plot and Title Map

7 LANCASTER WALK sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 7 LANCASTER WALK, 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 LANCASTER WALK). 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 LANCASTER WALK?

7 LANCASTER WALK is located in SPONDON, in the DE21 postcode district. The below map shows the position of No. 7 on LANCASTER WALK.