7, BACK LANE, CHELLASTON, DERBY, DE73 6TN - £212,500

7 BACK LANE is a small extended detached house of 85m², built sometime between 1950 and 1966. It was last sold for £212,500 in December 2018, which was around 13% below the average December 2018 detached price in the City of Derby local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was B.

7 BACK LANE Sold Prices

Land registry data shows two sales for 7 BACK 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 7 BACK 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
2018 14 DEC	£212,500	£242,932	13% below HPI
2016 15 FEB	£215,000	£216,185	1% below HPI

7 BACK 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 7 BACK LANE sales from February 2016 and December 2018 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 February 2016 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the December 2018 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 7 BACK LANE?

7 BACK LANE is 85m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 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 7 BACK LANE lies on this distribution: 26% of detached houses are smaller than 7 BACK LANE, and 73% of houses are larger. Note that EPC data is not available for all properties in Derby.

7 BACK LANE: Plot and Title Map

7 BACK LANE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 7 BACK 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 7 BACK 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 7 BACK LANE?

7 BACK LANE is located in CHELLASTON, in the DE73 postcode district. The below map shows the position of No. 7 on BACK LANE.