Our Data Sources
Flat 5, 40, Spa Lane, Derby has no records in the Land Registry and a single entry in the EPC database dated November 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
In very good condition, we estimate Flat 5, 40, Spa Lane, Derby would be worth £49,453, with a potential rental value of £370 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £43,801, with a rental value of £327 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Energy Efficiency
Flat 5, 40, Spa Lane, Derby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Nov 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using room heaters (electric).
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 360 metres of Flat 5, 40, Spa Lane, Derby since 2018.
Most recently, Flat 2, 234, Burton Road, Derby, DE23 6AA, a leasehold flat, sold at £285,000 on the 11th January 2021.
Read more about house prices in DE1.
- Sold Jan 2021£285,000 | 2 Bed FlatFlat 2, 234, Burton Road, Derby, DE23 6AAFlat 2, 234, Burton Road, Derby, DE23 6AA
- Sold Apr 2018£289,000 | 2 Bed FlatFlat 1, Thornly House 35, Mount Carmel Street, Derby, DE23 6TBFlat 1, Thornly House 35, Mount Carmel Street, Derby, DE23 6TB
Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Explore Nearby Properties
The surrounding properties have an average estimated value of £85,917, ranging from £60,779 to £170,485.
- Flat 3, 40 Spa Lane
2 Bed Flat | 0 m | Est. Value: £69,503
- Flat 2, 40 Spa Lane
2 Bed Flat | 0 m | Est. Value: £60,779
- Flat 4, 40 Spa Lane
2 Bed Flat | 0 m | Est. Value: £63,441
- Flat 6, 40 Spa Lane
2 Bed Flat | 0 m | Est. Value: £71,737
- Flat 1, 40 Spa Lane
2 Bed Flat | 0 m | Est. Value: £67,762
Location Comparison
Our analysis of the public data ranks Flat 5, 40, Spa Lane, Derby as the 32nd largest and the 10th most expensive of the 32 addresses on Spa Lane, Derby, DE1.
Against the DE1 postcode district average, it is £108k less expensive than the typical property.
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Schools Nearby
- St Joseph's Catholic Voluntary Academy200 m away
- Becket Primary School400 m away
- Derby St Chad's CofE Nursery and Infant School400 m away
- Derby Cathedral School1.0 km away
- Landau Forte College1.5 km away
- UTC Derby Pride Park1.6 km away
More reading links
Public Transport Nearby
- Derby|1.3 km away
- Peartree|2.0 km away
- Spondon|4.8 km away
Risk of Flooding
Environment Agency data suggests this area has a Very Low risk of flooding.
