87, FIELD LANE, ALVASTON, DERBY, DE24 0GS - £235,000

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 FIELD LANE is a small extended detached house of 80m², built sometime between 1930 and 1949. It was last sold for £235,000 in August 2019, which was around 5% below the average August 2019 detached price in the City of Derby local authority area. The most recent EPC inspection was September 2017, where the current energy rating was E, and the potential energy rating was B.

87 FIELD LANE Sold Prices

Land registry data shows two sales for 87 FIELD 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 City of Derby local authority area for the corresponding sale date. Both of the two 87 FIELD LANE 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 2 AUG	£235,000	£246,642	5% below HPI
2018 16 FEB	£159,000	£234,608	32% below HPI

87 FIELD LANE 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 87 FIELD LANE sales from February 2018 and August 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 February 2018 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2019 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 87 FIELD LANE?

87 FIELD LANE is 80m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 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 87 FIELD LANE lies on this distribution: 20% of detached houses are smaller than 87 FIELD LANE, and 79% of houses are larger. Note that EPC data is not available for all properties in Derby.

87 FIELD LANE: Plot and Title Map

87 FIELD LANE sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of 87 FIELD 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 FIELD 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 87 FIELD LANE?

87 FIELD LANE is located in ALVASTON, in the DE24 postcode district. The below map shows the position of No. 87 on FIELD LANE.