HOMELANDS, LIME LANE, OAKWOOD, DERBY, DE21 4RF - £292,500

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

HOMELANDS is a very large extended detached house of 233m², built sometime between 1950 and 1966. It was last sold for £292,500 in December 2013, which was around 52% above the average December 2013 detached price in the City of Derby local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

HOMELANDS Sold Prices

Land registry data shows five sales for HOMELANDS since 1^st 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 HOMELANDS 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
2013 4 DEC	£292,500	£192,675	52% above HPI
2006 9 JUN	£274,400	£194,797	41% above HPI
2003 12 SEP	£295,000	£152,614	93% above HPI
2001 20 APR	£125,000	£86,815	44% above HPI
1995 20 APR	£120,000	£64,068	87% above HPI

HOMELANDS 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 five HOMELANDS sales between April 1995 and December 2013 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 2006 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the December 2013 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is HOMELANDS?

HOMELANDS is 233m², which includes one extension, according to the EPC inspection conducted in January 2019. 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 HOMELANDS lies on this distribution: 98% of detached houses are smaller than HOMELANDS, and 2% of houses are larger. Note that EPC data is not available for all properties in Derby.

HOMELANDS: Plot and Title Map

HOMELANDS sits on a plot of roughly 0.309 of an acre, or 1,252m². The below map shows the location of HOMELANDS, 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 HOMELANDS). 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 HOMELANDS?

HOMELANDS is located on LIME LANE in OAKWOOD, in the DE21 postcode district. The below map shows the position of HOMELANDS on LIME LANE.