48, MEADOW LANE, CHADDESDEN, DERBY, DE21 6PU - £198,000

48 MEADOW LANE is a large detached house of 128m², built sometime between 1950 and 1966. It was last sold for £198,000 in November 2020, which was around 24% below the average November 2020 detached price in the City of Derby local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

48 MEADOW LANE Sold Prices

Land registry data shows two sales for 48 MEADOW 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 48 MEADOW 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
2020 6 NOV	£198,000	£259,463	24% below HPI
2014 7 MAR	£144,000	£194,214	26% below HPI

48 MEADOW 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 48 MEADOW LANE sales from March 2014 and November 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 March 2014 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2020 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 48 MEADOW LANE?

48 MEADOW LANE is 128m² according to the EPC inspection conducted in January 2019. This puts it in the largest 30% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 48 MEADOW LANE lies on this distribution: 71% of detached houses are smaller than 48 MEADOW LANE, and 27% of houses are larger. Note that EPC data is not available for all properties in Derby.

48 MEADOW LANE: Plot and Title Map

48 MEADOW LANE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 48 MEADOW 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 48 MEADOW 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 48 MEADOW LANE?

48 MEADOW LANE is located in CHADDESDEN, in the DE21 postcode district. The below map shows the position of No. 48 on MEADOW LANE.