34, Park Lane
34, Park Lane
Description & Estimates
Public records show 34, Park Lane, Derby to be a period freehold house with 1,399 ft2 of internal area, sitting on a 974 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
34, Park Lane, Derby has an estimated sale value of £582,135 and an estimated rental value of £1,977 per month, assuming reasonable condition and based on the information available.
Park Lane, Allestree, Derby, DE22 lies within the DE22 postal district.
Our Data Sources
34, Park Lane, Derby has a single entry in the Land Registry from September 2018 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.
Price Range & Condition
In very good condition, we estimate 34, Park Lane, Derby would be worth £611,242, with a potential rental value of £2,076 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £541,385, with a rental value of £1,838 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 34, Park Lane, Derby has dropped by £5,558 (1.0%) over the last year. During the same period, its estimated monthly rental value has risen by £31 (1.6%). The property's estimated gross yield is currently 4.1%.
Plot Size
34, Park Lane, Derby occupies a 974 m2 plot as recorded by HM Land Registry.
Of the 11 other houses in this postcode, 10 have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
34, Park Lane, Derby has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Apr 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
34, Park Lane, Derby last changed hands on 20th September 2018, selling for £520,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 4.2% since September 2018.
- Sold Sep 2018£520,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 770 metres of 34, Park Lane, Derby across the last 2 years.
Most recently, 2, Ford Lane, Derby, DE22 2EW, a freehold house, sold at £523,000 on the 19th February 2024.
Read more about house prices in DE22.
•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 34, Park Lane, Derby as the 8th largest and the 12th most expensive of the 35 addresses on Park Lane, Allestree, Derby, DE22.
Against the DE22 postcode district average, it is £327k more expensive than the typical property.
More reading links
Schools Nearby
- 600mPortway Infant School
- 600mPortway Junior School
- 1.0kmWalter Evans Church of England Aided Primary School
- 1.1kmAllestree Woodlands School
- 1.2kmSaint Benedict, A Catholic Voluntary Academy
- 2.8kmDa Vinci Academy
More reading links
Public Transport Nearby
Duffield station is the nearest stop to 34, Park Lane, Derby at 3.7 kilometres away.
- 3.7kmDuffield
- 4.5kmDerby
- 6.3kmPeartree
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
