7, LODGE WAY, MICKLEOVER, DERBY, DE3 9BE - £285,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 LODGE WAY is a very small extended semi-detached house of 72m², built sometime between 1950 and 1966, which could now be worth an estimated £290,151. It was last sold for £285,000 in August 2024, which was around 40% above the average August 2024 semi-detached price in the City of Derby local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

7 LODGE WAY Sold Prices

Land registry data shows five sales for 7 LODGE WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the City of Derby local authority area for the corresponding sale date. All of the five 7 LODGE WAY 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
2024 22 AUG	£285,000	£204,111	40% above HPI
2018 19 APR	£237,500	£148,171	60% above HPI
2011 7 JUL	£167,000	£116,552	43% above HPI
2009 28 AUG	£150,000	£118,902	26% above HPI
2002 1 FEB	£68,000	£58,285	17% above HPI

7 LODGE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the City of Derby local authority area over time, sourced from the HPI. The five 7 LODGE WAY sales between February 2002 and August 2024 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 2018 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the August 2024 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 7 LODGE WAY be worth now?

7 LODGE WAY might now be worth an estimated £290,151.

This is based on house price inflation of 1.8%, between August 2024 and April 2026, for semi-detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.8% inflationary increase is applied to the most recent sale price for 7 LODGE WAY of £285,000 on 22nd August 2024. For the value to have increased from £285,000 to £290,151 over the two years and four months to April 2026, the following assumptions must hold true:

• The value of 7 LODGE WAY has moved in line with the HPI for semi-detached houses in the City of Derby local authority area.
• The August 2024 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LODGE WAY has not materially changed since August 2024.

How Large is 7 LODGE WAY?

7 LODGE WAY is 72m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 20% of semi-detached houses houses in Derby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Derby, and where 7 LODGE WAY lies on this distribution: 12% of semi-detached houses houses are smaller than 7 LODGE WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Derby.

7 LODGE WAY: Plot and Title Map

7 LODGE WAY sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 7 LODGE WAY, 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 LODGE WAY). 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 LODGE WAY?

7 LODGE WAY is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 7 on LODGE WAY.