LENISCAR, LIME LANE, OAKWOOD, DERBY, DE21 4RF - £400,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

LENISCAR is a very large extended detached house of 293m², built sometime between 1983 and 1990, which could now be worth an estimated £688,230. It was last sold for £400,000 in May 2013, which was around 113% above the average May 2013 detached price in the City of Derby local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

LENISCAR Sold Prices

Land registry data shows three sales for LENISCAR since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the three LENISCAR 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 29 MAY	£400,000	£187,538	113% above HPI
2007 28 SEP	£300,000	£210,975	42% above HPI
1997 31 JAN	£105,000	£63,997	64% above HPI

LENISCAR 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 three LENISCAR sales between January 1997 and May 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 September 2007 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the May 2013 sale, where it rises to 113% above the HPI. The line then continues to track at 113% above the HPI.

What might LENISCAR be worth now?

LENISCAR might now be worth an estimated £688,230.

This is based on house price inflation of 72.1%, between May 2013 and December 2024, 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 72.1% inflationary increase is applied to the most recent sale price for LENISCAR of £400,000 on 29th May 2013. For the value to have increased from £400,000 to £688,230 over the ten years and five months to December 2024, the following assumptions must hold true:

• The value of LENISCAR has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The May 2013 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of LENISCAR has not materially changed since May 2013.

How Large is LENISCAR?

LENISCAR is 293m², which includes two extensions, according to the EPC inspection conducted in April 2012. 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 LENISCAR lies on this distribution: 99% of detached houses houses are smaller than LENISCAR, and 1% of houses are larger. Note that EPC data is not available for all properties in Derby.

LENISCAR: Plot and Title Map

LENISCAR sits on a plot of roughly 0.317 of an acre, or 1,283m². The below map shows the location of LENISCAR, 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 LENISCAR). 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 LENISCAR?

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