1, WATTEN CLOSE, SINFIN, DERBY, DE24 3HL - £183,700

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 WATTEN CLOSE is a very small detached house of 51m², built sometime between 1983 and 1990, which could now be worth an estimated £194,243. It was last sold for £183,700 in August 2022, which was around 39% below the average August 2022 detached price in the City of Derby local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was B.

1 WATTEN CLOSE Sold Prices

Land registry data shows two sales for 1 WATTEN 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 WATTEN 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 26 AUG	£183,700	£300,463	39% below HPI
2021 26 FEB	£120,000	£267,201	55% below HPI

1 WATTEN 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 WATTEN CLOSE sales from February 2021 and August 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 February 2021 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the August 2022 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 1 WATTEN CLOSE be worth now?

1 WATTEN CLOSE might now be worth an estimated £194,243.

This is based on house price inflation of 5.7%, between August 2022 and February 2025, 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 5.7% inflationary increase is applied to the most recent sale price for 1 WATTEN CLOSE of £183,700 on 26th August 2022. For the value to have increased from £183,700 to £194,243 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 1 WATTEN CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The August 2022 sale price of £183,700 represented a fair market value for the property.
• The size, condition, and specification of 1 WATTEN CLOSE has not materially changed since August 2022.

How Large is 1 WATTEN CLOSE?

1 WATTEN CLOSE is 51m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% 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 WATTEN CLOSE lies on this distribution: 1% of detached houses houses are smaller than 1 WATTEN CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Derby.

1 WATTEN CLOSE: Plot and Title Map

1 WATTEN CLOSE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 1 WATTEN 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 WATTEN 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 WATTEN CLOSE?

1 WATTEN CLOSE is located in SINFIN, in the DE24 postcode district. The below map shows the position of No. 1 on WATTEN CLOSE.