1, HALLGATE CLOSE, OAKWOOD, DERBY, DE21 2QY - £205,000

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 HALLGATE CLOSE is a small detached house of 85m², built sometime between 1991 and 1995, which could now be worth an estimated £292,059. It was last sold for £205,000 in December 2016, which was around 9% below the average December 2016 detached price in the City of Derby local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

1 HALLGATE CLOSE Sold Prices

Land registry data shows three sales for 1 HALLGATE 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. Two of the three 1 HALLGATE CLOSE sales were for below the average price, whilst one was for above 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
2016 22 DEC	£205,000	£226,488	9% below HPI
2007 22 JUN	£187,000	£205,810	9% below HPI
1999 30 JUN	£87,995	£71,590	23% above HPI

1 HALLGATE 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 HALLGATE CLOSE sales between June 1999 and December 2016 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 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 2016 sale, which was also at 9% below the HPI.

What might 1 HALLGATE CLOSE be worth now?

1 HALLGATE CLOSE might now be worth an estimated £292,059.

This is based on house price inflation of 42.5%, between December 2016 and December 2024, 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 42.5% inflationary increase is applied to the most recent sale price for 1 HALLGATE CLOSE of £205,000 on 22nd December 2016. For the value to have increased from £205,000 to £292,059 over the eight years to December 2024, the following assumptions must hold true:

• The value of 1 HALLGATE CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The December 2016 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HALLGATE CLOSE has not materially changed since December 2016.

How Large is 1 HALLGATE CLOSE?

1 HALLGATE CLOSE is 85m² according to the EPC inspection conducted in May 2015. 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 HALLGATE CLOSE lies on this distribution: 25% of detached houses houses are smaller than 1 HALLGATE CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Derby.

1 HALLGATE CLOSE: Plot and Title Map

1 HALLGATE CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 1 HALLGATE 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 HALLGATE 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 HALLGATE CLOSE?

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