38, Park Lane
38, Park Lane
Description & Estimates
38, Park Lane, Derby is described in the public record as a period house with 635 ft2 of internal area, sitting on a 341 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 38, Park Lane, Derby is £283,284 and its rental estimate is £1,217 per month, given the available information and assuming reasonable condition.
Park Lane, Allestree, Derby, DE22 falls within the DE22 postal district.
Our Data Sources
38, Park Lane, Derby has no recent1 records in the the Land Registry and a single entry in the EPC database dated August 2018.
We combine this information with public data 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
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 38, Park Lane, Derby, we estimate a market value of £297,449 and a rental value of £1,277 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £263,455 and £1,131 per month respectively.
Recent Market Change
Over the last year, 38, Park Lane, Derby has seen its estimated sale value rise by £3,608 (1.3%) and its estimated rental value move up by £45 per month (3.7%). This results in an estimated gross rental yield of 5.2%.
Plot Size
HM Land Registry records the plot of land for 38, Park Lane, Derby as measuring 341 m2.
That makes it the 5th largest plot in the postcode, where 10 of the 11 other houses have recorded plot data.
Energy Efficiency
38, Park Lane, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Aug 2018.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 38, Park Lane, Derby completed on 3rd July 1998 at £51,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
- Sold Jul 1998£51,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 38, Park Lane, Derby have sold within a radius of 750 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th March 2024, was 56, Robincroft Road, Derby, DE22 2FR, a freehold house which sold for £250,000.
Read more about house prices in DE22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 35 addresses on Park Lane, Allestree, Derby, DE22, 38, Park Lane, Derby comes out as the 35th largest and the 30th most expensive in our analysis of the public data.
It is also £28k more expensive than the average property across the DE22 district.
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
From 38, Park Lane, Derby, the nearest station is Duffield, 3.7 kilometres away.
- 3.7kmDuffield
- 4.5kmDerby
- 6.3kmPeartree
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
