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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 38, Lace Makers Close, Derby is a modern freehold house with 925 ft2 of internal area and sits on a 183 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 38, Lace Makers Close, Derby is £290,902 and the estimated rental value is £1,098 per month.
Lace Makers Close, Borrowash, Derby, DE72 is located in the borough of Erewash within the DE72 postal district.
38, Lace Makers Close, Derby has 2 entries in the Land Registry , most recently in March 2022 and a single entry in the EPC database dated May 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 38, Lace Makers Close, Derby is in very good condition we estimate a sale value of £305,447 and a rental value of £1,153 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £270,539 and a rental value of £1,021 per month.
Over the last 12 months the sale value of 38 Lace Makers Close Derby has decreased by an estimated £4,771 (1.6%) and its rental value has increased by an estimated £26 per month (2.3%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, 38, Lace Makers Close, Derby sits on a plot of 183m2.
We have plot size data on 21 out of 21 other houses in the postcode and 38, Lace Makers Close, Derby sits on the 18th largest plot.
38, Lace Makers Close, Derby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 May 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 38, Lace Makers Close, Derby was last sold on 4th March 2022 for £255,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2022, the market for similar properties has dropped 20.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Lace Makers Close, Derby within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 11, Bains Drive, Derby, DE72 3FS, a freehold house which sold for £130,000 on the 13th March 2025.
Read more about house prices in DE72.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lace Makers Close, Borrowash, Derby, DE72 has a total of 66 addresses. According to our analysis of all the public data, 38, Lace Makers Close, Derby is the 33rd largest and the 26th most expensive property on the street.
When compared to the postcode district it is £73k more expensive than the average property in DE72.
The closest station to 38, Lace Makers Close, Derby is Spondon station which is 3.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 38, Lace Makers Close, Derby, 42.2% of property is privately owned outright and 34.1% 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 38, Lace Makers Close, Derby, 17.5% of residents are recorded as possessing school level qualifications and 41.1% 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 38, Lace Makers Close, Derby, the average age was 45 and the most common age was 57.
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 38, Lace Makers Close, Derby, 1.3% 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 38, Lace Makers Close, Derby, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
