12, CARDINAL CLOSE, OAKWOOD, DERBY, DE21 4TH - £323,000

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.

12 CARDINAL CLOSE is a large detached house of 126m², built sometime between 1991 and 1995, which could now be worth an estimated £493,454. It was last sold for £323,000 in September 2014, which was around 55% above the average September 2014 detached price in the City of Derby local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

12 CARDINAL CLOSE Sold Prices

Land registry data shows four sales for 12 CARDINAL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the four 12 CARDINAL CLOSE sales were 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 3 SEP	£323,000	£207,962	55% above HPI
2009 4 DEC	£295,000	£187,481	57% above HPI
2005 17 JAN	£320,000	£184,316	74% above HPI
1999 28 MAY	£136,995	£71,185	92% above HPI

12 CARDINAL 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 four 12 CARDINAL CLOSE sales between May 1999 and September 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 December 2009 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the September 2014 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 12 CARDINAL CLOSE be worth now?

12 CARDINAL CLOSE might now be worth an estimated £493,454.

This is based on house price inflation of 52.8%, between September 2014 and February 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 52.8% inflationary increase is applied to the most recent sale price for 12 CARDINAL CLOSE of £323,000 on 3rd September 2014. For the value to have increased from £323,000 to £493,454 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 12 CARDINAL CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The September 2014 sale price of £323,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CARDINAL CLOSE has not materially changed since September 2014.

How Large is 12 CARDINAL CLOSE?

12 CARDINAL CLOSE is 126m² according to the EPC inspection conducted in June 2014. This puts it in the largest 30% 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 12 CARDINAL CLOSE lies on this distribution: 69% of detached houses houses are smaller than 12 CARDINAL CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Derby.

12 CARDINAL CLOSE: Plot and Title Map

12 CARDINAL CLOSE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 12 CARDINAL 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 12 CARDINAL 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 12 CARDINAL CLOSE?

12 CARDINAL CLOSE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 12 on CARDINAL CLOSE.