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
87 CHAIN LANE is a very large extended detached house of 185m², built sometime between 1930 and 1949. It was last sold for £320,000 in August 2018, which was around 32% above the average August 2018 detached price in the City of Derby local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows five sales for 87 CHAIN LANE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the five 87 CHAIN 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 |
---|---|---|---|
2018 9 AUG | £320,000 | £242,776 | 32% above HPI |
2013 13 SEP | £249,999 | £192,411 | 30% above HPI |
2009 27 NOV | £246,900 | £186,356 | 32% above HPI |
2006 7 JUN | £250,000 | £194,797 | 28% above HPI |
2002 19 APR | £147,500 | £103,583 | 42% 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 five 87 CHAIN LANE sales between April 2002 and August 2018 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 2013 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the August 2018 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.
87 CHAIN LANE is 185m², which includes two extensions, according to the EPC inspection conducted in October 2008. This puts it in the largest 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 87 CHAIN LANE lies on this distribution: 93% of detached houses are smaller than 87 CHAIN LANE, and 7% of houses are larger. Note that EPC data is not available for all properties in Derby.
87 CHAIN LANE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 87 CHAIN 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 87 CHAIN 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.
87 CHAIN LANE is located in LITTLEOVER, in the DE23 postcode district. The below map shows the position of No. 87 on CHAIN LANE.