1, CORBEL CLOSE, OAKWOOD, DERBY, DE21 2DB - £260,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 CORBEL CLOSE is a small detached house of 95m², built sometime between 1976 and 1982. It was last sold for £260,000 in August 2022, which was around 13% below the average August 2022 detached price in the City of Derby local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

1 CORBEL CLOSE Sold Prices

Land registry data shows two sales for 1 CORBEL 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 City of Derby local authority area for the corresponding sale date. Both of the two 1 CORBEL 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 25 AUG	£260,000	£300,047	13% below HPI
2017 26 JUN	£195,000	£230,186	15% below HPI

1 CORBEL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Derby local authority area over time, sourced from the HPI. The two 1 CORBEL CLOSE sales from June 2017 and August 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 June 2017 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 1 CORBEL CLOSE?

1 CORBEL CLOSE is 95m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 40% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 1 CORBEL CLOSE lies on this distribution: 37% of detached houses are smaller than 1 CORBEL CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Derby.

1 CORBEL CLOSE: Plot and Title Map

1 CORBEL CLOSE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 1 CORBEL 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 CORBEL 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 CORBEL CLOSE?

1 CORBEL CLOSE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 1 on CORBEL CLOSE.