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
70 FORD LANE is a very large extended detached house of 150m², built sometime between 1967 and 1975. It was last sold for £585,000 in July 2024, which was around 89% above the average July 2024 detached price in the City of Derby local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 70 FORD LANE since 1st 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 70 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 |
---|---|---|---|
2024 9 JUL | £585,000 | £310,090 | 89% above HPI |
2001 31 JAN | £230,000 | £86,548 | 166% above HPI |
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 70 FORD LANE sales from January 2001 and July 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 January 2001 sale was for 166% above the HPI. So the extrapolation line tracks at 166% above the HPI over time, until the July 2024 sale, where it falls to 89% above the HPI. The line then continues to track at 89% above the HPI.
70 FORD LANE is 150m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 20% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 70 FORD LANE lies on this distribution: 84% of detached houses are smaller than 70 FORD LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Derby.
70 FORD LANE sits on a plot of roughly 0.158 of an acre, or 638m². The below map shows the location of 70 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 70 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.
70 FORD LANE is located in ALLESTREE, in the DE22 postcode district. The below map shows the position of No. 70 on FORD LANE.