11, FREESIA CLOSE, MICKLEOVER, DERBY, DE3 9NJ - £161,000

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

11 FREESIA CLOSE is a very small detached house of 68m², built sometime between 1983 and 1990, which could now be worth an estimated £258,953. It was last sold for £161,000 in May 2008, which was around 20% below the average May 2008 detached price in the City of Derby local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

11 FREESIA CLOSE Sold Prices

Land registry data shows two sales for 11 FREESIA 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 11 FREESIA 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
2008 1 MAY	£161,000	£200,617	20% below HPI
1997 4 APR	£57,950	£64,778	11% below HPI

11 FREESIA 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 11 FREESIA CLOSE sales from April 1997 and May 2008 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 April 1997 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2008 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 11 FREESIA CLOSE be worth now?

11 FREESIA CLOSE might now be worth an estimated £258,953.

This is based on house price inflation of 60.8%, between May 2008 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 60.8% inflationary increase is applied to the most recent sale price for 11 FREESIA CLOSE of £161,000 on 1st May 2008. For the value to have increased from £161,000 to £258,953 over the fifteen years and five months to December 2024, the following assumptions must hold true:

• The value of 11 FREESIA CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The May 2008 sale price of £161,000 represented a fair market value for the property.
• The size, condition, and specification of 11 FREESIA CLOSE has not materially changed since May 2008.

How Large is 11 FREESIA CLOSE?

11 FREESIA CLOSE is 68m² according to the EPC inspection conducted in February 2009. 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 11 FREESIA CLOSE lies on this distribution: 9% of detached houses houses are smaller than 11 FREESIA CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Derby.

11 FREESIA CLOSE: Plot and Title Map

11 FREESIA CLOSE sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 11 FREESIA 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 11 FREESIA 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 11 FREESIA CLOSE?

11 FREESIA CLOSE is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 11 on FREESIA CLOSE.