29, FARMLANDS LANE, LITTLEOVER, DERBY, DE23 2UR - £248,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

29 FARMLANDS LANE is a very small detached house of 78m², built sometime between 1991 and 1995, which could now be worth an estimated £323,541. It was last sold for £248,000 in May 2019, which was around 2% above the average May 2019 detached price in the City of Derby local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

29 FARMLANDS LANE Sold Prices

Land registry data shows four sales for 29 FARMLANDS LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the four 29 FARMLANDS LANE 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
2019 3 MAY	£248,000	£243,529	2% above HPI
2017 31 MAY	£238,000	£229,426	4% above HPI
2016 12 FEB	£225,000	£216,484	4% above HPI
1997 12 DEC	£87,750	£68,012	29% above HPI

29 FARMLANDS LANE 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 four 29 FARMLANDS LANE sales between December 1997 and May 2019 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 May 2017 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2019 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 29 FARMLANDS LANE be worth now?

29 FARMLANDS LANE might now be worth an estimated £323,541.

This is based on house price inflation of 30.5%, between May 2019 and February 2025, 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 30.5% inflationary increase is applied to the most recent sale price for 29 FARMLANDS LANE of £248,000 on 3rd May 2019. For the value to have increased from £248,000 to £323,541 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 29 FARMLANDS LANE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The May 2019 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of 29 FARMLANDS LANE has not materially changed since May 2019.

How Large is 29 FARMLANDS LANE?

29 FARMLANDS LANE is 78m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 20% 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 29 FARMLANDS LANE lies on this distribution: 18% of detached houses houses are smaller than 29 FARMLANDS LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Derby.

29 FARMLANDS LANE: Plot and Title Map

29 FARMLANDS LANE sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 29 FARMLANDS 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 29 FARMLANDS 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 29 FARMLANDS LANE?

29 FARMLANDS LANE is located in LITTLEOVER, in the DE23 postcode district. The below map shows the position of No. 29 on FARMLANDS LANE.