1, VERE CLOSE, WILLINGTON, DERBY, DE65 6DD - £242,500

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 VERE CLOSE is a very small detached house of 56m², built sometime between 1967 and 1975. It was last sold for £242,500 in October 2022, which was around 27% below the average October 2022 detached price in the South Derbyshire local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

1 VERE CLOSE Sold Prices

Land registry data shows three sales for 1 VERE 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 South Derbyshire local authority area for the corresponding sale date. All of the three 1 VERE 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
2022 10 OCT	£242,500	£332,247	27% below HPI
2013 7 OCT	£141,500	£204,396	31% below HPI
2002 19 JUL	£97,950	£126,871	23% below HPI

1 VERE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The three 1 VERE CLOSE sales between July 2002 and October 2022 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 2013 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2022 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 1 VERE CLOSE?

1 VERE CLOSE is 56m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 10% of detached houses in Willington, based on EPC data. The below chart shows the distribution of detached houses by size in Willington, and where 1 VERE CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 1 VERE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Willington.

1 VERE CLOSE: Plot and Title Map

1 VERE CLOSE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 1 VERE 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 VERE 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 VERE CLOSE?

1 VERE CLOSE is located in WILLINGTON, in the DE65 postcode district. The below map shows the position of No. 1 on VERE CLOSE.