40, PANAMA CIRCLE, DERBY, DE24 1AE - £85,000

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.

40 PANAMA CIRCLE is a very small semi-detached house of 57m², built sometime between 2007 and 2011, which could now be worth an estimated £154,985. It was last sold for £85,000 in December 2008, which was around 26% below the average December 2008 semi-detached price in the City of Derby local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

40 PANAMA CIRCLE Sold Prices

Land registry data shows one sale for 40 PANAMA CIRCLE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the City of Derby 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
2008 12 DEC	£85,000	£114,412	26% below HPI

What might 40 PANAMA CIRCLE be worth now?

40 PANAMA CIRCLE might now be worth an estimated £154,985.

This is based on house price inflation of 82.3%, between December 2008 and May 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 82.3% inflationary increase is applied to the most recent sale price for 40 PANAMA CIRCLE of £85,000 on 12th December 2008. For the value to have increased from £85,000 to £154,985 over the eighteen years and seven months to May 2026, the following assumptions must hold true:

• The value of 40 PANAMA CIRCLE has moved in line with the HPI for semi-detached houses in the City of Derby local authority area.
• The December 2008 sale price of £85,000 represented a fair market value for the property.
• The size, condition, and specification of 40 PANAMA CIRCLE has not materially changed since December 2008.

How Large is 40 PANAMA CIRCLE?

40 PANAMA CIRCLE is 57m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% of semi-detached houses in Derby, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Derby, and where 40 PANAMA CIRCLE lies on this distribution: 8% of semi-detached houses are smaller than 40 PANAMA CIRCLE, and 92% of semi-detached houses are larger. Note that EPC data is not available for all properties in Derby.

40 PANAMA CIRCLE: Plot

40 PANAMA CIRCLE sits on a plot of roughly 0.023 of an acre, or 92m².

Where is 40 PANAMA CIRCLE?

40 PANAMA CIRCLE is located in DERBY, in the DE24 postcode district.