7, WARDS LANE, BREASTON, DERBY, DE72 3AY - £276,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 WARDS LANE is a small detached house of 90m², built sometime between 1967 and 1975. It was last sold for £276,000 in April 2024, which was around 9% below the average April 2024 detached price in the Erewash local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

7 WARDS LANE Sold Prices

Land registry data shows three sales for 7 WARDS 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 Erewash local authority area for the corresponding sale date. One of the three 7 WARDS LANE sales was for below the average price, whilst two 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
2024 8 APR	£276,000	£302,655	9% below HPI
2002 8 NOV	£174,000	£122,364	42% above HPI
1999 30 JUL	£75,000	£69,672	8% above HPI

7 WARDS LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The three 7 WARDS LANE sales between July 1999 and April 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 November 2002 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the April 2024 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 7 WARDS LANE?

7 WARDS LANE is 90m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% of detached houses in Breaston, based on EPC data. The below chart shows the distribution of detached houses by size in Breaston, and where 7 WARDS LANE lies on this distribution: 25% of detached houses are smaller than 7 WARDS LANE, and 73% of houses are larger. Note that EPC data is not available for all properties in Breaston.

7 WARDS LANE: Plot and Title Map

7 WARDS LANE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 7 WARDS 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 WARDS 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 WARDS LANE?

7 WARDS LANE is located in BREASTON, in the DE72 postcode district. The below map shows the position of No. 7 on WARDS LANE.