56, FORD LANE, ALLESTREE, DERBY, DE22 2EY - £400,000

56 FORD LANE is a very large extended detached house of 152m², built sometime between 1967 and 1975. It was last sold for £400,000 in September 2013, which was around 108% above the average September 2013 detached price in the City of Derby local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was C.

56 FORD LANE Sold Prices

Land registry data shows four sales for 56 FORD 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 56 FORD 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
2013 20 SEP	£400,000	£192,411	108% above HPI
2009 11 DEC	£325,000	£187,221	74% above HPI
2007 30 APR	£335,000	£201,314	66% above HPI
2003 16 APR	£250,000	£136,224	84% above HPI

56 FORD 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 56 FORD LANE sales between April 2003 and September 2013 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 December 2009 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the September 2013 sale, where it rises to 108% above the HPI. The line then continues to track at 108% above the HPI.

How Large is 56 FORD LANE?

56 FORD LANE is 152m², which includes two extensions, according to the EPC inspection conducted in August 2009. 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 56 FORD LANE lies on this distribution: 85% of detached houses are smaller than 56 FORD LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Derby.

56 FORD LANE: Plot and Title Map

56 FORD LANE sits on a plot of roughly 0.179 of an acre, or 722m². The below map shows the location of 56 FORD 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 56 FORD 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 56 FORD LANE?

56 FORD LANE is located in ALLESTREE, in the DE22 postcode district. The below map shows the position of No. 56 on FORD LANE.