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2, Lark Rise, Derby is recorded publicly as a modern freehold house across 4,876 ft2 of internal area, sitting on a 1,078 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 2, Lark Rise, Derby is £933,218 and its rental estimate is £3,367 per month, given the available information and assuming reasonable condition.
Lark Rise, Chaddesden, Derby, DE21 falls within the DE21 postal district.
2, Lark Rise, Derby has 2 entries in the Land Registry , most recently in April 2021 and a single entry in the EPC database dated April 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Lark Rise, Derby, we estimate a market value of £979,879 and a rental value of £3,535 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £867,893 and £3,131 per month respectively.
Over the last year, 2, Lark Rise, Derby has seen its estimated sale value drop by £11,446 (1.2%) and its estimated rental value rise by £68 per month (2.0%). This results in an estimated gross rental yield of 4.3%.
HM Land Registry records the plot of land for 2, Lark Rise, Derby as measuring 1,078 m2.
2, Lark Rise, Derby has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Apr 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 2, Lark Rise, Derby completed on 30th April 2021 at £850,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 6.5% over the period since April 2021.
Over the past 2 years 3 properties have sold within 700 metres of 2, Lark Rise, Derby, per the Land Registry and our network of Estate Agents.
The latest, on the 28th April 2022, was 11, Lawrence Avenue, Derby, DE21 4RD, a freehold house which sold for £183,000.
Read more about house prices in DE21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 1 addresses on Lark Rise, Chaddesden, Derby, DE21, 2, Lark Rise, Derby comes out as the largest and the most expensive in our analysis of the public data.
It is also £710k more expensive than the average property across the DE21 district.
From 2, Lark Rise, Derby, the nearest station is Spondon, 2.5 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Lark Rise, Derby, 61.1% of property is privately owned outright and 26.7% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Lark Rise, Derby, 15.4% of residents are recorded as possessing school level qualifications and 21.8% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Lark Rise, Derby, the average age was 42.1 and the most common age was 52.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Lark Rise, Derby, 0.7% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Lark Rise, Derby, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.