87, PARK LANE, CASTLE DONINGTON, DERBY, DE74 2JG - £475,000

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 PARK LANE is a very large extended detached house of 151m², built sometime between 1950 and 1966. It was last sold for £475,000 in December 2021, which was around 48% above the average December 2021 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

87 PARK LANE Sold Prices

Land registry data shows four sales for 87 PARK LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the four 87 PARK 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 7 DEC	£475,000	£321,550	48% above HPI
2016 22 FEB	£356,500	£242,223	47% above HPI
2007 2 APR	£320,000	£220,092	45% above HPI
2001 2 NOV	£165,000	£118,739	39% above HPI

87 PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The four 87 PARK LANE sales between November 2001 and December 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 February 2016 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the December 2021 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 87 PARK LANE?

87 PARK LANE is 151m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the largest 20% of detached houses in Castle Donington, based on EPC data. The below chart shows the distribution of detached houses by size in Castle Donington, and where 87 PARK LANE lies on this distribution: 88% of detached houses are smaller than 87 PARK LANE, and 12% of houses are larger. Note that EPC data is not available for all properties in Castle Donington.

87 PARK LANE: Plot and Title Map

87 PARK LANE sits on a plot of roughly 0.252 of an acre, or 1,019m². The below map shows the location of 87 PARK 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 PARK 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 PARK LANE?

87 PARK LANE is located in CASTLE DONINGTON, in the DE74 postcode district. The below map shows the position of No. 87 on PARK LANE.