1, MOUNTFORD CLOSE, OAKWOOD, DERBY, DE21 2TW - £255,000

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 MOUNTFORD CLOSE is a very small detached house of 67m², built sometime between 1983 and 1990. It was last sold for £255,000 in June 2024, which was around 17% below the average June 2024 detached price in the City of Derby local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

1 MOUNTFORD CLOSE Sold Prices

Land registry data shows two sales for 1 MOUNTFORD 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 MOUNTFORD 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
2024 20 JUN	£255,000	£306,208	17% below HPI
1998 27 FEB	£59,995	£66,649	10% below HPI

1 MOUNTFORD 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 MOUNTFORD CLOSE sales from February 1998 and June 2024 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 February 1998 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2024 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 1 MOUNTFORD CLOSE?

1 MOUNTFORD CLOSE is 67m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% 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 MOUNTFORD CLOSE lies on this distribution: 8% of detached houses are smaller than 1 MOUNTFORD CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Derby.

1 MOUNTFORD CLOSE: Plot and Title Map

1 MOUNTFORD CLOSE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 1 MOUNTFORD 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 MOUNTFORD 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 MOUNTFORD CLOSE?

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