5, BINSCOMBE LANE, OAKWOOD, DERBY, DE21 2AZ - £350,000

5 BINSCOMBE LANE is a very large detached house of 162m², built sometime between 1967 and 1975. It was last sold for £350,000 in June 2016, which was around 58% above the average June 2016 detached price in the City of Derby local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

5 BINSCOMBE LANE Sold Prices

Land registry data shows two sales for 5 BINSCOMBE 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 5 BINSCOMBE 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
2016 10 JUN	£350,000	£221,158	58% above HPI
2004 13 AUG	£270,000	£179,899	50% above HPI

5 BINSCOMBE 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 5 BINSCOMBE LANE sales from August 2004 and June 2016 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 August 2004 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the June 2016 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is 5 BINSCOMBE LANE?

5 BINSCOMBE LANE is 162m² according to the EPC inspection conducted in August 2023. This puts it in the largest 20% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 5 BINSCOMBE LANE lies on this distribution: 88% of detached houses are smaller than 5 BINSCOMBE LANE, and 12% of houses are larger. Note that EPC data is not available for all properties in Derby.

5 BINSCOMBE LANE: Plot and Title Map

5 BINSCOMBE LANE sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 5 BINSCOMBE 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 5 BINSCOMBE 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 5 BINSCOMBE LANE?

5 BINSCOMBE LANE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 5 on BINSCOMBE LANE.