8, WARDS LANE, BREASTON, DERBY, DE72 3AY - £915,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 WARDS LANE is a very large extended detached house of 330m², built sometime from 2007 onwards, which could now be worth an estimated £1,043,157. It was last sold for £915,000 in June 2021, which was around 227% above the average June 2021 detached price in the Erewash local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

8 WARDS LANE Sold Prices

Land registry data shows three sales for 8 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. All of the three 8 WARDS 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
2021 23 JUN	£915,000	£279,812	227% above HPI
2013 27 JUN	£698,000	£174,094	301% above HPI
2009 22 DEC	£349,000	£172,647	102% above HPI

8 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 8 WARDS LANE sales between December 2009 and June 2021 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 June 2013 sale was for 301% above the HPI. So the extrapolation line tracks at 301% above the HPI over time, until the June 2021 sale, where it falls to 227% above the HPI. The line then continues to track at 227% above the HPI.

What might 8 WARDS LANE be worth now?

8 WARDS LANE might now be worth an estimated £1,043,157.

This is based on house price inflation of 14%, between June 2021 and February 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14% inflationary increase is applied to the most recent sale price for 8 WARDS LANE of £915,000 on 23rd June 2021. For the value to have increased from £915,000 to £1,043,157 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 8 WARDS LANE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The June 2021 sale price of £915,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WARDS LANE has not materially changed since June 2021.

How Large is 8 WARDS LANE?

8 WARDS LANE is 330m², which includes two extensions, according to the EPC inspection conducted in February 2013. This puts it in the largest 10% of detached houses houses in Breaston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Breaston, and where 8 WARDS LANE lies on this distribution: 99% of detached houses houses are smaller than 8 WARDS LANE, and 1% of houses are larger. Note that EPC data is not available for all properties in Breaston.

8 WARDS LANE: Plot and Title Map

8 WARDS LANE sits on a plot of roughly 0.386 of an acre, or 1,564m². The below map shows the location of 8 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 8 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 8 WARDS LANE?

8 WARDS LANE is located in BREASTON, in the DE72 postcode district. The below map shows the position of No. 8 on WARDS LANE.