1, BANKHOLMES CLOSE, STENSON FIELDS, DERBY, DE24 3DW - £165,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 BANKHOLMES CLOSE is a very small detached house of 50m², built sometime between 1976 and 1982, which could now be worth an estimated £169,593. It was last sold for £165,000 in October 2022, which was around 52% below the average October 2022 detached price in the South Derbyshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

1 BANKHOLMES CLOSE Sold Prices

Land registry data shows two sales for 1 BANKHOLMES CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. Both of the two 1 BANKHOLMES CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 18 OCT	£165,000	£343,259	52% below HPI
2009 21 MAY	£94,000	£190,328	51% below HPI

1 BANKHOLMES CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The two 1 BANKHOLMES CLOSE sales from May 2009 and October 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2009 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the October 2022 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 1 BANKHOLMES CLOSE be worth now?

1 BANKHOLMES CLOSE might now be worth an estimated £169,593.

This is based on house price inflation of 2.8%, between October 2022 and February 2025, for detached houses, in the South Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.8% inflationary increase is applied to the most recent sale price for 1 BANKHOLMES CLOSE of £165,000 on 18th October 2022. For the value to have increased from £165,000 to £169,593 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 BANKHOLMES CLOSE has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The October 2022 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BANKHOLMES CLOSE has not materially changed since October 2022.

How Large is 1 BANKHOLMES CLOSE?

1 BANKHOLMES CLOSE is 50m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of detached houses houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 1 BANKHOLMES CLOSE lies on this distribution: 1% of detached houses houses are smaller than 1 BANKHOLMES CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Derby.

1 BANKHOLMES CLOSE: Plot and Title Map

1 BANKHOLMES CLOSE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 1 BANKHOLMES CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 BANKHOLMES CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 BANKHOLMES CLOSE?

1 BANKHOLMES CLOSE is located in STENSON FIELDS, in the DE24 postcode district. The below map shows the position of No. 1 on BANKHOLMES CLOSE.