78, PARK LANE, CASTLE DONINGTON, DERBY, DE74 2JF - £310,000

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

78 PARK LANE is a large extended detached house of 126m², built sometime between 1976 and 1982. It was last sold for £310,000 in October 2016, which was around 23% above the average October 2016 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

78 PARK LANE Sold Prices

Land registry data shows two sales for 78 PARK 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 North West Leicestershire local authority area for the corresponding sale date. One of the two 78 PARK LANE sales was for above the average price, whilst the other was 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
2016 14 OCT	£310,000	£252,503	23% above HPI
2005 24 AUG	£140,000	£209,472	33% below HPI

78 PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The two 78 PARK LANE sales from August 2005 and October 2016 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 August 2005 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2016 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 78 PARK LANE?

78 PARK LANE is 126m², which includes three extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 30% of detached houses in Castle Donington, based on EPC data. The below chart shows the distribution of detached houses by size in Castle Donington, and where 78 PARK LANE lies on this distribution: 70% of detached houses are smaller than 78 PARK LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Castle Donington.

78 PARK LANE: Plot and Title Map

78 PARK LANE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 78 PARK 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 78 PARK 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 78 PARK LANE?

78 PARK LANE is located in CASTLE DONINGTON, in the DE74 postcode district. The below map shows the position of No. 78 on PARK LANE.