8, LANTERN GROVE, MICKLEOVER, DERBY, DE3 0GY - £282,500

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

8 LANTERN GROVE is a large extended detached house of 137m², built sometime between 1996 and 2002. It was last sold for £282,500 in July 2015, which was around 34% above the average July 2015 detached price in the City of Derby local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.

8 LANTERN GROVE Sold Prices

Land registry data shows three sales for 8 LANTERN GROVE 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 8 LANTERN GROVE 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
2015 8 JUL	£282,500	£210,272	34% above HPI
2006 11 SEP	£250,000	£196,097	27% above HPI
2002 28 FEB	£149,950	£100,332	49% above HPI

8 LANTERN GROVE 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 8 LANTERN GROVE sales between February 2002 and July 2015 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 September 2006 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the July 2015 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 8 LANTERN GROVE?

8 LANTERN GROVE is 137m², which includes two extensions, according to the EPC inspection conducted in December 2014. This puts it in the largest 30% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 8 LANTERN GROVE lies on this distribution: 79% of detached houses are smaller than 8 LANTERN GROVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Derby.

8 LANTERN GROVE: Plot and Title Map

8 LANTERN GROVE sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of 8 LANTERN GROVE, 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 8 LANTERN GROVE). 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 8 LANTERN GROVE?

8 LANTERN GROVE is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 8 on LANTERN GROVE.