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According to the public record, 2, Richmond Lane, Derby is a modern freehold house with 1,205 ft2 of internal area and sits on a 274 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Richmond Lane, Derby is £331,407 and the estimated rental value is £1,423 per month.
Richmond Lane, Chellaston, Derby, DE73 is located in the borough of South Derbyshire within the DE73 postal district.
2, Richmond Lane, Derby has a single entry in the Land Registry from July 2019 and a single entry in the EPC database dated April 2019.
We combine this information with that 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.
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 2, Richmond Lane, Derby is in very good condition we estimate a sale value of £347,978 and a rental value of £1,494 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £308,209 and a rental value of £1,323 per month.
Over the last 12 months the sale value of 2 Richmond Lane Derby has decreased by an estimated £4,887 (1.5%) and its rental value has increased by an estimated £22 per month (1.5%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 2, Richmond Lane, Derby sits on a plot of 274m2.
We have plot size data on 9 out of 23 other houses in the postcode and 2, Richmond Lane, Derby sits on the largest plot.
2, Richmond Lane, Derby has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Apr 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Richmond Lane, Derby was last sold on 12th July 2019 for £289,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2019, the market for similar properties has risen 24.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Richmond Lane, Derby within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 8, Embleton Way, Derby, DE73 6XS, a freehold house which sold for £279,000 on the 25th September 2024.
Read more about house prices in DE73.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Richmond Lane, Chellaston, Derby, DE73 has a total of 23 addresses. According to our analysis of all the public data, 2, Richmond Lane, Derby is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £13k more expensive than the average property in DE73.
The closest station to 2, Richmond Lane, Derby is Peartree station which is 4.9 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Richmond Lane, Derby, % of property is and % is .
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, Richmond Lane, Derby, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Richmond Lane, Derby, 0.0% 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, Richmond Lane, Derby, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.