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41, Lucas Lane, Derby is recorded publicly as a modern freehold house across 1,399 ft2 of internal area, sitting on a 352 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 41, Lucas Lane, Derby is £425,589 and its rental estimate is £1,393 per month, given the available information and assuming reasonable condition.
Lucas Lane, Hilton, Derby, DE65 falls within the DE65 postal district, in the borough of South Derbyshire.
41, Lucas Lane, Derby has 31 entries in the Land Registry , most recently in January 2016 and a single entry in the EPC database dated June 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 41, Lucas Lane, Derby, we estimate a market value of £446,868 and a rental value of £1,463 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £395,798 and £1,296 per month respectively.
Over the last year, 41, Lucas Lane, Derby has seen its estimated sale value rise by £2,313 (0.5%) and its estimated rental value move up by £36 per month (2.6%). This results in an estimated gross rental yield of 3.9%.
HM Land Registry records the plot of land for 41, Lucas Lane, Derby as measuring 352 m2.
That makes it the 21st largest plot in the postcode, where 33 of the 44 other houses have recorded plot data.
41, Lucas Lane, Derby has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Jun 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 41, Lucas Lane, Derby completed on 22nd January 2016 at £295,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 17.4% over the period since January 2016.
Over the past 2 years 3 properties similar to 41, Lucas Lane, Derby have sold within a radius of 940 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th May 2022, was 55, Lucas Lane, Derby, DE65 5FL, a freehold house which sold for £399,500.
Read more about house prices in DE65.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 44 addresses on Lucas Lane, Hilton, Derby, DE65, 41, Lucas Lane, Derby comes out as the 22nd largest and the 23rd most expensive in our analysis of the public data.
It is also £164k more expensive than the average property across the DE65 district.
From 41, Lucas Lane, Derby, the nearest station is Tutbury & Hatton, 4.0 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 41, Lucas Lane, Derby, 53.1% of property is privately owned outright and 34.3% 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 41, Lucas Lane, Derby, 18.4% 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 41, Lucas Lane, Derby, the average age was 39.1 and the most common age was 52.
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 41, Lucas Lane, Derby, 0.4% 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 41, Lucas Lane, Derby, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.