16, FARNWAY, DARLEY ABBEY, DERBY, DE22 2BN - £265,000

16 FARNWAY is a very small extended detached house of 67m², built sometime between 1950 and 1966. It was last sold for £265,000 in August 2018, which was around 9% above the average August 2018 detached price in the City of Derby local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

16 FARNWAY Sold Prices

Land registry data shows three sales for 16 FARNWAY 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. One of the three 16 FARNWAY sales was for above the average price, whilst two 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
2018 29 AUG	£265,000	£242,776	9% above HPI
2017 4 SEP	£186,000	£229,880	19% below HPI
1996 27 NOV	£59,500	£64,135	7% below HPI

16 FARNWAY 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 16 FARNWAY sales between November 1996 and August 2018 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 2017 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2018 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 16 FARNWAY?

16 FARNWAY is 67m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 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 16 FARNWAY lies on this distribution: 9% of detached houses are smaller than 16 FARNWAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Derby.

16 FARNWAY: Plot and Title Map

16 FARNWAY sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 16 FARNWAY, 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 16 FARNWAY). 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 16 FARNWAY?

16 FARNWAY is located in DARLEY ABBEY, in the DE22 postcode district. The below map shows the position of No. 16 on FARNWAY.