11, GRAFHAM CLOSE, CHELLASTON, DERBY, DE73 6XJ - £154,950

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 GRAFHAM CLOSE is a very small detached house of 65m², built sometime between 1983 and 1990, which could now be worth an estimated £242,005. It was last sold for £154,950 in August 2014, which was around 25% below the average August 2014 detached price in the City of Derby local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

11 GRAFHAM CLOSE Sold Prices

Land registry data shows two sales for 11 GRAFHAM 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. One of the two 11 GRAFHAM CLOSE sales was for below the average price, whilst the other was for above 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
2014 15 AUG	£154,950	£206,600	25% below HPI
1999 5 FEB	£71,500	£68,609	4% above HPI

11 GRAFHAM 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 GRAFHAM CLOSE sales from February 1999 and August 2014 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 1999 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the August 2014 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 11 GRAFHAM CLOSE be worth now?

11 GRAFHAM CLOSE might now be worth an estimated £242,005.

This is based on house price inflation of 56.2%, between August 2014 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 56.2% inflationary increase is applied to the most recent sale price for 11 GRAFHAM CLOSE of £154,950 on 15th August 2014. For the value to have increased from £154,950 to £242,005 over the nine years and eight months to December 2024, the following assumptions must hold true:

• The value of 11 GRAFHAM CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The August 2014 sale price of £154,950 represented a fair market value for the property.
• The size, condition, and specification of 11 GRAFHAM CLOSE has not materially changed since August 2014.

How Large is 11 GRAFHAM CLOSE?

11 GRAFHAM CLOSE is 65m² 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 11 GRAFHAM CLOSE lies on this distribution: 7% of detached houses houses are smaller than 11 GRAFHAM CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Derby.

11 GRAFHAM CLOSE: Plot and Title Map

11 GRAFHAM CLOSE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 11 GRAFHAM 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 GRAFHAM 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 GRAFHAM CLOSE?

11 GRAFHAM CLOSE is located in CHELLASTON, in the DE73 postcode district. The below map shows the position of No. 11 on GRAFHAM CLOSE.