3, BARE LANE, OCKBROOK, DERBY, DE72 3RG - £355,000

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.

3 BARE LANE is a large detached house of 124m², built sometime between 1930 and 1949, which could now be worth an estimated £485,306. It was last sold for £355,000 in May 2018, which was around 51% above the average May 2018 detached price in the Erewash local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was D.

3 BARE LANE Sold Prices

Land registry data shows one sale for 3 BARE LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Erewash local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 4 MAY	£355,000	£234,444	51% above HPI

What might 3 BARE LANE be worth now?

3 BARE LANE might now be worth an estimated £485,306.

This is based on house price inflation of 36.7%, between May 2018 and July 2026, for 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 36.7% inflationary increase is applied to the most recent sale price for 3 BARE LANE of £355,000 on 4th May 2018. For the value to have increased from £355,000 to £485,306 over the seven years and ten months to July 2026, the following assumptions must hold true:

• The value of 3 BARE LANE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The May 2018 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BARE LANE has not materially changed since May 2018.

How Large is 3 BARE LANE?

3 BARE LANE is 124m² according to the EPC inspection conducted in May 2009. This puts it in the largest 40% of detached houses in Ockbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Ockbrook, and where 3 BARE LANE lies on this distribution: 69% of detached houses are smaller than 3 BARE LANE, and 30% of detached houses are larger. Note that EPC data is not available for all properties in Ockbrook.

3 BARE LANE: Plot

3 BARE LANE sits on a plot of roughly 0.103 of an acre, or 418m².

Where is 3 BARE LANE?

3 BARE LANE is located in OCKBROOK, in the DE72 postcode district.