PARK LANE HOUSE, 24, PARK LANE, LITTLEOVER, DERBY, DE23 6FX - £565,000

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

PARK LANE HOUSE is a very large extended detached house of 274m², built sometime before 1900. It was last sold for £565,000 in September 2010, which was around 196% above the average September 2010 detached price in the City of Derby local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was D.

PARK LANE HOUSE Sold Prices

Land registry data shows three sales for PARK LANE HOUSE 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 PARK LANE HOUSE 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
2010 3 SEP	£565,000	£190,943	196% above HPI
2003 30 JAN	£425,000	£134,745	215% above HPI
2000 31 MAY	£200,000	£79,422	152% above HPI

PARK LANE HOUSE 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 PARK LANE HOUSE sales between May 2000 and September 2010 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 January 2003 sale was for 215% above the HPI. So the extrapolation line tracks at 215% above the HPI over time, until the September 2010 sale, where it falls to 196% above the HPI. The line then continues to track at 196% above the HPI.

How Large is PARK LANE HOUSE?

PARK LANE HOUSE is 274m², which includes two extensions, according to the EPC inspection conducted in June 2010. 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 PARK LANE HOUSE lies on this distribution: 99% of detached houses are smaller than PARK LANE HOUSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Derby.

PARK LANE HOUSE: Plot and Title Map

PARK LANE HOUSE sits on a plot of roughly 0.363 of an acre, or 1,470m². The below map shows the location of PARK LANE HOUSE, 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 PARK LANE HOUSE). 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 PARK LANE HOUSE?

PARK LANE HOUSE is located on PARK LANE in LITTLEOVER, in the DE23 postcode district. The below map shows the position of PARK LANE HOUSE on PARK LANE.