40, TROWELS LANE, DERBY, DE22 3LT - £150,000

40 TROWELS LANE is a very small detached house of 56m², built sometime between 1950 and 1966. It was last sold for £150,000 in May 2014, which was around 23% below the average May 2014 detached price in the City of Derby local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

40 TROWELS LANE Sold Prices

Land registry data shows two sales for 40 TROWELS LANE 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 40 TROWELS 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
2014 19 MAY	£150,000	£195,760	23% below HPI
2013 19 APR	£90,000	£190,499	53% below HPI

40 TROWELS 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 two 40 TROWELS LANE sales from April 2013 and May 2014 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 April 2013 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the May 2014 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 40 TROWELS LANE?

40 TROWELS LANE is 56m² according to the EPC inspection conducted in October 2014. 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 40 TROWELS LANE lies on this distribution: 3% of detached houses are smaller than 40 TROWELS LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Derby.

40 TROWELS LANE: Plot and Title Map

40 TROWELS LANE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 40 TROWELS 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 40 TROWELS 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 40 TROWELS LANE?

40 TROWELS LANE is located in DERBY, in the DE22 postcode district. The below map shows the position of No. 40 on TROWELS LANE.