1, FRAZER CLOSE, SPONDON, DERBY, DE21 7EZ - £163,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 FRAZER CLOSE is a small detached house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £258,795. It was last sold for £163,000 in June 2014, which was around 19% below the average June 2014 detached price in the City of Derby local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was C.

1 FRAZER CLOSE Sold Prices

Land registry data shows three sales for 1 FRAZER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the three 1 FRAZER 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
2014 6 JUN	£163,000	£200,106	19% below HPI
2012 13 NOV	£170,000	£183,020	7% below HPI
1996 20 FEB	£57,500	£63,564	10% below HPI

1 FRAZER 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 three 1 FRAZER CLOSE sales between February 1996 and June 2014 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 November 2012 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2014 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 1 FRAZER CLOSE be worth now?

1 FRAZER CLOSE might now be worth an estimated £258,795.

This is based on house price inflation of 58.8%, between June 2014 and February 2025, for detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58.8% inflationary increase is applied to the most recent sale price for 1 FRAZER CLOSE of £163,000 on 6th June 2014. For the value to have increased from £163,000 to £258,795 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 1 FRAZER CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The June 2014 sale price of £163,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FRAZER CLOSE has not materially changed since June 2014.

How Large is 1 FRAZER CLOSE?

1 FRAZER CLOSE is 86m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 30% 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 FRAZER CLOSE lies on this distribution: 27% of detached houses houses are smaller than 1 FRAZER CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Derby.

1 FRAZER CLOSE: Plot and Title Map

1 FRAZER CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 1 FRAZER 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 FRAZER 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 FRAZER CLOSE?

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