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

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.

HOMELANDS is a very large extended detached house of 233m², built sometime between 1950 and 1966, which could now be worth an estimated £481,842. 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	£192,942	52% above HPI
2006 9 JUN	£274,400	£195,067	41% above HPI
2003 12 SEP	£295,000	£152,825	93% above HPI
2001 20 APR	£125,000	£86,935	44% above HPI
1995 20 APR	£120,000	£64,157	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.

What might HOMELANDS be worth now?

HOMELANDS might now be worth an estimated £481,842.

This is based on house price inflation of 64.7%, between December 2013 and June 2025, for detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 64.7% inflationary increase is applied to the most recent sale price for HOMELANDS of £292,500 on 4th December 2013. For the value to have increased from £292,500 to £481,842 over the twelve years and six months to June 2025, the following assumptions must hold true:

• The value of HOMELANDS has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The December 2013 sale price of £292,500 represented a fair market value for the property.
• The size, condition, and specification of HOMELANDS has not materially changed since December 2013.

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 houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where HOMELANDS lies on this distribution: 98% of detached houses 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.