Derby Detached at £400,000 — A Data-First Look
A detached property on Silver Lane, Elvaston, near Derby, is listed at £400,000. The listing carries two data signals: the price has been reduced and the property has been relisted following a marketing period that did not result in a sale. Bedroom count and tenure are absent from the available listing data. No rental income figure is recorded, so a gross yield calculation is not possible from the current data alone. For buyers evaluating this address, the relisting and reduction signal a prior sale failure; the reasons behind that failure are not recorded in the data.
What the listing shows
The address is Silver Lane, Elvaston, within the Derby area. The property is described as detached and carries an asking price of £400,000. Neither the number of bedrooms nor the tenure has been captured in the current listing record, which limits how precisely the property can be assessed at a distance. Buyers will need to confirm both details directly with the selling agent before drawing pricing or mortgage conclusions.
The two listing signals — reduced and relisted — indicate the property returned to market after a previous campaign ended without exchange. The prior asking price and the size of the reduction are not included in the available data.
The numbers at a glance
| Metric | Detail |
|---|---|
| Asking price | £400,000 |
| Property type | Detached |
| Bedrooms | Not recorded |
| Tenure | Not recorded |
| Gross yield | Not calculable — no rental figure in listing data |
| Listing signals | Reduced; relisted |
How this area compares
Elvaston sits within the broader Derby market. Without a postcode in the listing data, automated comparisons against recently sold detached properties in the immediate vicinity cannot be drawn from this record alone. Buyers seeking to contextualise £400,000 should obtain recent sold-price data for detached homes in the Elvaston area and cross-reference against current active listings of the same type. The absence of a bedroom count makes like-for-like comparison harder to establish without direct contact with the agent.
What to check before viewing
A relisted property is one that previously failed to sell. Establishing why is the first practical step: a down-valued survey, a structural flag, a collapsed chain, or a buyer's financing failure each carries different weight. The current data does not record the cause.
The price reduction warrants a similar question. Knowing the original asking price and the scale of the adjustment tells buyers whether £400,000 reflects a material recalibration or a modest trim. The selling agent holds that history.
Tenure remains unconfirmed. A leasehold detached house at this price point would require scrutiny of ground rent terms, service charges, and years remaining on the lease. Without a tenure entry in the listing, buyers cannot rule this out from the data alone.
The missing bedroom count should be clarified before arranging a visit, particularly where household size, mortgage affordability, or planning classifications set a minimum room threshold.
The listing data for Silver Lane, Elvaston is thin by typical standards: asking price, property type, and two signals are the sum of what is recorded here. That makes direct agent contact an earlier step in the research process than it would be for a more fully documented listing.
See the actual listing
Direct link to the current property listing. Check the live listing for up-to-date price and availability before viewing.