12, LEE FARM CLOSE, CHELLASTON, DERBY, DE73 5QE - £59,500

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

12 LEE FARM CLOSE is a very small detached house of 79m², built sometime between 1976 and 1982. It was last sold for £59,500 in October 1997, which was around 13% below the average October 1997 detached price in the City of Derby local authority area. The most recent EPC inspection was March 2022, where the current energy rating was B, and the potential energy rating was B.

12 LEE FARM CLOSE Sold Prices

Land registry data shows two sales for 12 LEE FARM 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 12 LEE FARM 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
1997 31 OCT	£59,500	£68,440	13% below HPI
1997 16 MAY	£59,850	£64,684	7% below HPI

12 LEE FARM 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 12 LEE FARM CLOSE sales from May 1997 and October 1997 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 May 1997 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 1997 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 12 LEE FARM CLOSE?

12 LEE FARM CLOSE is 79m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 12 LEE FARM CLOSE lies on this distribution: 19% of detached houses are smaller than 12 LEE FARM CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Derby.

12 LEE FARM CLOSE: Plot and Title Map

12 LEE FARM CLOSE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 12 LEE FARM 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 LEE FARM 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 LEE FARM CLOSE?

12 LEE FARM CLOSE is located in CHELLASTON, in the DE73 postcode district. The below map shows the position of No. 12 on LEE FARM CLOSE.