27, Richmond Lane
27, Richmond Lane
Description & Estimates
27, Richmond Lane, Derby is recorded publicly as a modern freehold house across 850 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 27, Richmond Lane, Derby is £275,849 and its rental estimate is £1,285 per month, given the available information and assuming reasonable condition.
Richmond Lane, Chellaston, Derby, DE73 falls within the DE73 postal district, in the borough of South Derbyshire.
Our Data Sources
27, Richmond Lane, Derby has 2 entries in the Land Registry , most recently in December 2022 and a single entry in the EPC database dated January 2020.
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.
Price Range & Condition
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 27, Richmond Lane, Derby, we estimate a market value of £289,641 and a rental value of £1,350 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £256,540 and £1,195 per month respectively.
Recent Market Change
Over the last year, 27, Richmond Lane, Derby has seen its estimated sale value decline by £2,521 (0.9%) and its estimated rental value climb by £25 per month (2.0%). This results in an estimated gross rental yield of 5.6%.
Energy Efficiency
27, Richmond Lane, Derby has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Jan 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 27, Richmond Lane, Derby completed on 16th December 2022 at £265,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 3.9% over the period since December 2022.
- Sold Dec 2022£265,000
- Sold Mar 2020£232,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 27, Richmond Lane, Derby have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th March 2025, was 4, Kirby Drive, Derby, DE73 6AD, a freehold house which sold for £268,920.
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
Of the 23 addresses on Richmond Lane, Chellaston, Derby, DE73, 27, Richmond Lane, Derby comes out as the 11th largest and the 10th most expensive in our analysis of the public data.
It is also £42k less expensive than the average property across the DE73 district.
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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
From 27, Richmond Lane, Derby, the nearest station is Peartree, 4.9 kilometres away.
- 4.9kmPeartree
- 5.8kmSpondon
- 6.5kmDerby
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
