1, HOVETON CLOSE, SHELTON LOCK, DERBY, DE24 9QH - £190,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 HOVETON CLOSE is a midsized extended detached house of 112m², built sometime between 1983 and 1990. It was last sold for £190,000 in April 2016, which was around 12% below the average April 2016 detached price in the City of Derby local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was B.

1 HOVETON CLOSE Sold Prices

Land registry data shows five sales for 1 HOVETON CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Most of the five 1 HOVETON 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
2016 25 APR	£190,000	£216,516	12% below HPI
2008 17 OCT	£185,000	£186,364	1% below HPI
2005 17 JUN	£150,000	£186,234	19% below HPI
2002 18 NOV	£141,000	£127,340	11% above HPI
2000 10 FEB	£76,000	£78,142	3% below HPI

1 HOVETON 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 five 1 HOVETON CLOSE sales between February 2000 and April 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 October 2008 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the April 2016 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 1 HOVETON CLOSE?

1 HOVETON CLOSE is 112m², which includes two extensions, according to the EPC inspection conducted in March 2015. This puts it in the largest 50% 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 HOVETON CLOSE lies on this distribution: 55% of detached houses are smaller than 1 HOVETON CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Derby.

1 HOVETON CLOSE: Plot and Title Map

1 HOVETON CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 1 HOVETON 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 HOVETON 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 HOVETON CLOSE?

1 HOVETON CLOSE is located in SHELTON LOCK, in the DE24 postcode district. The below map shows the position of No. 1 on HOVETON CLOSE.