1, LOTHLORIEN CLOSE, LITTLEOVER, DERBY, DE23 2RY - £362,500

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 LOTHLORIEN CLOSE is a very large extended detached house of 162m², built sometime between 1983 and 1990, which could now be worth an estimated £497,882. It was last sold for £362,500 in February 2018, which was around 54% above the average February 2018 detached price in the City of Derby local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

1 LOTHLORIEN CLOSE Sold Prices

Land registry data shows three sales for 1 LOTHLORIEN 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 LOTHLORIEN CLOSE sales were 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
2018 23 FEB	£362,500	£234,933	54% above HPI
2002 4 SEP	£174,950	£121,556	44% above HPI
1997 26 SEP	£108,000	£68,655	57% above HPI

1 LOTHLORIEN 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 LOTHLORIEN CLOSE sales between September 1997 and February 2018 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 September 2002 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the February 2018 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 1 LOTHLORIEN CLOSE be worth now?

1 LOTHLORIEN CLOSE might now be worth an estimated £497,882.

This is based on house price inflation of 37.3%, between February 2018 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 37.3% inflationary increase is applied to the most recent sale price for 1 LOTHLORIEN CLOSE of £362,500 on 23rd February 2018. For the value to have increased from £362,500 to £497,882 over the five years and two months to December 2024, the following assumptions must hold true:

• The value of 1 LOTHLORIEN CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The February 2018 sale price of £362,500 represented a fair market value for the property.
• The size, condition, and specification of 1 LOTHLORIEN CLOSE has not materially changed since February 2018.

How Large is 1 LOTHLORIEN CLOSE?

1 LOTHLORIEN CLOSE is 162m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the largest 20% 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 LOTHLORIEN CLOSE lies on this distribution: 88% of detached houses houses are smaller than 1 LOTHLORIEN CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Derby.

1 LOTHLORIEN CLOSE: Plot and Title Map

1 LOTHLORIEN CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 1 LOTHLORIEN 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 LOTHLORIEN 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 LOTHLORIEN CLOSE?

1 LOTHLORIEN CLOSE is located in LITTLEOVER, in the DE23 postcode district. The below map shows the position of No. 1 on LOTHLORIEN CLOSE.