11, RYAL CLOSE, OCKBROOK, DERBY, DE72 3TG - £267,500

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.

11 RYAL CLOSE is a small detached house of 80m², built sometime between 1991 and 1995, which could now be worth an estimated £269,171. It was last sold for £267,500 in October 2024, which was around 16% below the average October 2024 detached price in the Erewash local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

11 RYAL CLOSE Sold Prices

Land registry data shows three sales for 11 RYAL 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 Erewash local authority area for the corresponding sale date. Two of the three 11 RYAL CLOSE sales were for below the average price, whilst one 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
2024 11 OCT	£267,500	£317,023	16% below HPI
2017 6 OCT	£197,000	£233,090	15% below HPI
2011 31 MAR	£175,000	£172,064	2% above HPI

11 RYAL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The three 11 RYAL CLOSE sales between March 2011 and October 2024 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 2017 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2024 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 11 RYAL CLOSE be worth now?

11 RYAL CLOSE might now be worth an estimated £269,171.

This is based on house price inflation of 0.6%, between October 2024 and February 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.6% inflationary increase is applied to the most recent sale price for 11 RYAL CLOSE of £267,500 on 11th October 2024. For the value to have increased from £267,500 to £269,171 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 11 RYAL CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The October 2024 sale price of £267,500 represented a fair market value for the property.
• The size, condition, and specification of 11 RYAL CLOSE has not materially changed since October 2024.

How Large is 11 RYAL CLOSE?

11 RYAL CLOSE is 80m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 30% of detached houses houses in Ockbrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ockbrook, and where 11 RYAL CLOSE lies on this distribution: 21% of detached houses houses are smaller than 11 RYAL CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Ockbrook.

11 RYAL CLOSE: Plot and Title Map

11 RYAL CLOSE sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 11 RYAL 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 RYAL 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 RYAL CLOSE?

11 RYAL CLOSE is located in OCKBROOK, in the DE72 postcode district. The below map shows the position of No. 11 on RYAL CLOSE.