11, HOVETON CLOSE, SHELTON LOCK, DERBY, DE24 9QH - £125,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

11 HOVETON CLOSE is a very small detached house of 67m², built sometime between 1976 and 1982. It was last sold for £125,000 in January 2013, which was around 32% below the average January 2013 detached price in the City of Derby local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

11 HOVETON CLOSE Sold Prices

Land registry data shows three sales for 11 HOVETON 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 City of Derby local authority area for the corresponding sale date. All of the three 11 HOVETON 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
2013 14 JAN	£125,000	£184,224	32% below HPI
2006 18 AUG	£129,000	£195,092	34% below HPI
2002 6 DEC	£89,000	£130,598	32% below HPI

11 HOVETON 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 three 11 HOVETON CLOSE sales between December 2002 and January 2013 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 August 2006 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2013 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 11 HOVETON CLOSE?

11 HOVETON CLOSE is 67m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 10% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 11 HOVETON CLOSE lies on this distribution: 8% of detached houses are smaller than 11 HOVETON CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Derby.

11 HOVETON CLOSE: Plot and Title Map

11 HOVETON CLOSE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 11 HOVETON 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 HOVETON 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 HOVETON CLOSE?

11 HOVETON CLOSE is located in SHELTON LOCK, in the DE24 postcode district. The below map shows the position of No. 11 on HOVETON CLOSE.