16, Richmond Lane
16, Richmond Lane
Description & Estimates
The public record describes 16, Richmond Lane, Derby as a modern house with 678 ft2 of internal area, sitting on a 107 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
16, Richmond Lane, Derby has an estimated sale value of £236,508 and an estimated rental value of £1,153 per month, assuming reasonable condition and based on the information available.
Richmond Lane, Chellaston, Derby, DE73 lies in the borough of South Derbyshire, within the DE73 postal district.
Our Data Sources
16, Richmond Lane, Derby has no records in the the Land Registry and a single entry in the EPC database dated March 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 16, Richmond Lane, Derby would be worth £248,333, with a potential rental value of £1,210 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £219,952, with a rental value of £1,072 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 16, Richmond Lane, Derby has decreased by £2,162 (0.9%) over the last year. During the same period, its estimated monthly rental value has grown by £23 (2.0%). The property's estimated gross yield is currently 5.8%.
Plot Size
16, Richmond Lane, Derby occupies a 107 m2 plot as recorded by HM Land Registry.
Of the 23 other houses in this postcode, 9 have recorded plot sizes, and this one ranks as the 9th largest.
Energy Efficiency
16, Richmond Lane, Derby has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Mar 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.1 kilometres of 16, Richmond Lane, Derby across the last 2 years.
Most recently, 14, Richmond Lane, Derby, DE73 6AE, a freehold house, sold at £69,007 on the 27th March 2019.
Read more about house prices in DE73.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 16, Richmond Lane, Derby as the 19th largest and the 19th most expensive of the 23 addresses on Richmond Lane, Chellaston, Derby, DE73.
Against the DE73 postcode district average, it is £82k less expensive than the typical property.
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Schools Nearby
- 200mChellaston Fields Spencer Academy
- 1.1kmChellaston Infant School
- 1.2kmChellaston Junior School
- 700mChellaston Academy
- 2.5kmNoel-Baker Academy
- 3.2kmAlvaston Moor Academy
More reading links
Public Transport Nearby
Peartree station is the nearest stop to 16, Richmond Lane, Derby at 4.9 kilometres away.
- 4.9kmPeartree
- 5.8kmSpondon
- 6.5kmDerby
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
