18, Richmond Lane
18, Richmond Lane
Description & Estimates
According to the public record, 18, Richmond Lane, Derby is a modern house with 678 ft2 of internal area and sits on a 129 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 18, Richmond Lane, Derby is £246,387 and the estimated rental value is £1,201 per month.
Richmond Lane, Chellaston, Derby, DE73 is located in the borough of South Derbyshire within the DE73 postal district.
Our Data Sources
18, 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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 18, Richmond Lane, Derby is in very good condition we estimate a sale value of £258,706 and a rental value of £1,261 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £229,140 and a rental value of £1,117 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 18, Richmond Lane, Derby has fallen by £2,252 (0.9%), while its estimated rental value has moved up by £24 per month (2.0%). Based on current estimates, the property offers a gross rental yield of 5.8%.
Plot Size
According to data from HM Land Registry, 18, Richmond Lane, Derby sits on a plot of 129 m2.
We have plot size data on 9 out of 23 other houses in the postcode and 18, Richmond Lane, Derby sits on the 8th largest plot.
Energy Efficiency
18, 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
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Richmond Lane, Derby within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 16, Richmond Lane, Derby, DE73 6AE, a freehold house which sold for £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
Richmond Lane, Chellaston, Derby, DE73 has a total of 23 addresses. According to our analysis of all the public data, 18, Richmond Lane, Derby is the 17th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £72k less expensive than the average property in DE73.
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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
The closest station to 18, Richmond Lane, Derby is Peartree station, which is 4.9 kilometres away.
- 4.9kmPeartree
- 5.8kmSpondon
- 6.5kmDerby
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
