THE KELLMERS, ELVASTON LANE, ALVASTON, DERBY, DE24 0PT - £200,000

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

THE KELLMERS is a small extended detached house of 91m², built sometime between 1930 and 1949. It was last sold for £200,000 in April 2020, which was around 18% below the average April 2020 detached price in the City of Derby local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

THE KELLMERS Sold Prices

Land registry data shows two sales for THE KELLMERS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Both of the two THE KELLMERS sales were for below 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
2020 23 APR	£200,000	£242,643	18% below HPI
2003 7 FEB	£120,000	£135,785	12% below HPI

THE KELLMERS 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 two THE KELLMERS sales from February 2003 and April 2020 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 2003 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is THE KELLMERS?

THE KELLMERS is 91m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 40% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where THE KELLMERS lies on this distribution: 33% of detached houses are smaller than THE KELLMERS, and 65% of houses are larger. Note that EPC data is not available for all properties in Derby.

THE KELLMERS: Plot and Title Map

THE KELLMERS sits on a plot of roughly 0.107 of an acre, or 431m². The below map shows the location of THE KELLMERS, 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 THE KELLMERS). 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 THE KELLMERS?

THE KELLMERS is located on ELVASTON LANE in ALVASTON, in the DE24 postcode district. The below map shows the position of THE KELLMERS on ELVASTON LANE.