8, LAWRENCE AVENUE, CHADDESDEN, DERBY, DE21 4RD - £205,000

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

8 LAWRENCE AVENUE is a very small detached house of 62m², built sometime between 1967 and 1975. It was last sold for £205,000 in October 2019, which was around 16% below the average October 2019 detached price in the City of Derby local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

8 LAWRENCE AVENUE Sold Prices

Land registry data shows two sales for 8 LAWRENCE AVENUE 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 8 LAWRENCE AVENUE 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
2019 31 OCT	£205,000	£244,779	16% below HPI
2003 22 DEC	£125,000	£163,537	24% below HPI

8 LAWRENCE AVENUE 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 8 LAWRENCE AVENUE sales from December 2003 and October 2019 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 December 2003 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2019 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 8 LAWRENCE AVENUE?

8 LAWRENCE AVENUE is 62m² according to the EPC inspection conducted in November 2018. 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 8 LAWRENCE AVENUE lies on this distribution: 6% of detached houses are smaller than 8 LAWRENCE AVENUE, and 94% of houses are larger. Note that EPC data is not available for all properties in Derby.

8 LAWRENCE AVENUE: Plot and Title Map

8 LAWRENCE AVENUE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 8 LAWRENCE AVENUE, 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 LAWRENCE AVENUE). 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 LAWRENCE AVENUE?

8 LAWRENCE AVENUE is located in CHADDESDEN, in the DE21 postcode district. The below map shows the position of No. 8 on LAWRENCE AVENUE.