78, RECTORY LANE, BREADSALL, DERBY, DE21 5LL - £317,000

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.

78 RECTORY LANE is a small extended semi-detached house of 106m², built sometime between 1930 and 1949, which could now be worth an estimated £421,129. It was last sold for £317,000 in February 2019, which was around 99% above the average February 2019 semi-detached price in the Erewash local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

78 RECTORY LANE Sold Prices

Land registry data shows two sales for 78 RECTORY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Erewash local authority area for the corresponding sale date. Both of the two 78 RECTORY 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
2019 7 FEB	£317,000	£159,272	99% above HPI
1999 14 APR	£96,000	£42,097	128% above HPI

78 RECTORY LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Erewash local authority area over time, sourced from the HPI. The two 78 RECTORY LANE sales from April 1999 and February 2019 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 1999 sale was for 128% above the HPI. So the extrapolation line tracks at 128% above the HPI over time, until the February 2019 sale, where it falls to 99% above the HPI. The line then continues to track at 99% above the HPI.

What might 78 RECTORY LANE be worth now?

78 RECTORY LANE might now be worth an estimated £421,129.

This is based on house price inflation of 32.8%, between February 2019 and February 2025, for semi-detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.8% inflationary increase is applied to the most recent sale price for 78 RECTORY LANE of £317,000 on 7th February 2019. For the value to have increased from £317,000 to £421,129 over the six years to February 2025, the following assumptions must hold true:

• The value of 78 RECTORY LANE has moved in line with the HPI for semi-detached houses in the Erewash local authority area.
• The February 2019 sale price of £317,000 represented a fair market value for the property.
• The size, condition, and specification of 78 RECTORY LANE has not materially changed since February 2019.

How Large is 78 RECTORY LANE?

78 RECTORY LANE is 106m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 30% of semi-detached houses houses in Breadsall, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Breadsall, and where 78 RECTORY LANE lies on this distribution: 21% of semi-detached houses houses are smaller than 78 RECTORY LANE, and 79% of houses are larger. Note that EPC data is not available for all properties in Breadsall.

78 RECTORY LANE: Plot and Title Map

78 RECTORY LANE sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 78 RECTORY 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 78 RECTORY 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 78 RECTORY LANE?

78 RECTORY LANE is located in BREADSALL, in the DE21 postcode district. The below map shows the position of No. 78 on RECTORY LANE.