10, LYCHGATE CLOSE, OAKWOOD, DERBY, DE21 2DA - £164,000

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.

10 LYCHGATE CLOSE is a very small extended detached house of 68m², built sometime between 1983 and 1990, which could now be worth an estimated £247,553. It was last sold for £164,000 in July 2015, which was around 22% below the average July 2015 detached price in the City of Derby local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

10 LYCHGATE CLOSE Sold Prices

Land registry data shows two sales for 10 LYCHGATE 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 10 LYCHGATE 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
2015 14 JUL	£164,000	£210,563	22% below HPI
1997 31 OCT	£59,950	£68,535	13% below HPI

10 LYCHGATE 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 10 LYCHGATE CLOSE sales from October 1997 and July 2015 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 1997 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2015 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 10 LYCHGATE CLOSE be worth now?

10 LYCHGATE CLOSE might now be worth an estimated £247,553.

This is based on house price inflation of 50.9%, between July 2015 and June 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 50.9% inflationary increase is applied to the most recent sale price for 10 LYCHGATE CLOSE of £164,000 on 14th July 2015. For the value to have increased from £164,000 to £247,553 over the ten years and one month to June 2025, the following assumptions must hold true:

• The value of 10 LYCHGATE CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The July 2015 sale price of £164,000 represented a fair market value for the property.
• The size, condition, and specification of 10 LYCHGATE CLOSE has not materially changed since July 2015.

How Large is 10 LYCHGATE CLOSE?

10 LYCHGATE CLOSE is 68m², which includes one extension, according to the EPC inspection conducted in February 2015. 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 10 LYCHGATE CLOSE lies on this distribution: 9% of detached houses houses are smaller than 10 LYCHGATE CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Derby.

10 LYCHGATE CLOSE: Plot and Title Map

10 LYCHGATE CLOSE sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 10 LYCHGATE 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 10 LYCHGATE 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 10 LYCHGATE CLOSE?

10 LYCHGATE CLOSE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 10 on LYCHGATE CLOSE.