1, PARK LANE, CASTLE DONINGTON, DERBY, DE74 2JF - £325,000

1 PARK LANE is a small extended detached house of 100m², built sometime between 1950 and 1966. It was last sold for £325,000 in November 2021, which was around 4% below the average November 2021 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

1 PARK LANE Sold Prices

Land registry data shows three sales for 1 PARK LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the three 1 PARK LANE 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
2021 18 NOV	£325,000	£338,088	4% below HPI
2021 22 JAN	£220,000	£310,671	29% below HPI
2016 17 MAY	£172,000	£251,097	32% below HPI

1 PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The three 1 PARK LANE sales between May 2016 and November 2021 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 2021 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 1 PARK LANE?

1 PARK LANE is 100m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 40% of detached houses in Castle Donington, based on EPC data. The below chart shows the distribution of detached houses by size in Castle Donington, and where 1 PARK LANE lies on this distribution: 37% of detached houses are smaller than 1 PARK LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Castle Donington.

1 PARK LANE: Plot and Title Map

1 PARK LANE sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 1 PARK LANE, 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 1 PARK LANE). 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 1 PARK LANE?

1 PARK LANE is located in CASTLE DONINGTON, in the DE74 postcode district. The below map shows the position of No. 1 on PARK LANE.