41, PANAMA CIRCLE, DERBY, DE24 1AE - £115,000

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.

41 PANAMA CIRCLE is a very small flat of 42m², built sometime between 2007 and 2011, which could now be worth an estimated £112,684. It was last sold for £115,000 in February 2023, which was around 5% above the average February 2023 flat price in the City of Derby local authority area. The most recent EPC inspection was October 2025, where the current energy rating was C, and the potential energy rating was C.

41 PANAMA CIRCLE Sold Prices

Land registry data shows two sales for 41 PANAMA CIRCLE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the City of Derby local authority area for the corresponding sale date. One of the two 41 PANAMA CIRCLE sales was for above the average price, whilst the other was 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
2023 17 FEB	£115,000	£109,322	5% above HPI
2009 29 JAN	£68,500	£75,384	9% below HPI

What might 41 PANAMA CIRCLE be worth now?

41 PANAMA CIRCLE might now be worth an estimated £112,684.

This is based on house price deflation of 2%, between February 2023 and May 2026, for flats, 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 2% deflationary decrease is applied to the most recent sale price for 41 PANAMA CIRCLE of £115,000 on 17th February 2023. For the value to have decreased from £115,000 to £112,684 over the two years and nine months to May 2026, the following assumptions must hold true:

• The value of 41 PANAMA CIRCLE has moved in line with the HPI for flats in the City of Derby local authority area.
• The February 2023 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 41 PANAMA CIRCLE has not materially changed since February 2023.

How Large is 41 PANAMA CIRCLE?

41 PANAMA CIRCLE is 42m² according to the EPC inspection conducted in October 2025. This puts it in the smallest 20% of flats in Derby, based on EPC data. 14% of flats are smaller than 41 PANAMA CIRCLE, and 81% of flats are larger. Note that EPC data is not available for all properties in Derby.

41 PANAMA CIRCLE: Plot

41 PANAMA CIRCLE sits on a plot of roughly 0.012 of an acre, or 49m².

Where is 41 PANAMA CIRCLE?

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