12, OAK CLOSE, ALLESTREE, DERBY, DE22 2JE - £518,000

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 OAK CLOSE is a very large extended detached house of 161m², built sometime between 1967 and 1975, which could now be worth an estimated £508,410. It was last sold for £518,000 in December 2024, which was around 60% above the average December 2024 detached price in the City of Derby local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

12 OAK CLOSE Sold Prices

Land registry data shows two sales for 12 OAK 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 OAK 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
2024 13 DEC	£518,000	£323,833	60% above HPI
2015 18 SEP	£245,000	£215,168	14% above HPI

12 OAK 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 OAK CLOSE sales from September 2015 and December 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 September 2015 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the December 2024 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might 12 OAK CLOSE be worth now?

12 OAK CLOSE might now be worth an estimated £508,410.

This is based on house price deflation of 1.9%, between December 2024 and June 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 1.9% deflationary decrease is applied to the most recent sale price for 12 OAK CLOSE of £518,000 on 13th December 2024. For the value to have decreased from £518,000 to £508,410 over the one year and six months to June 2025, the following assumptions must hold true:

• The value of 12 OAK CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The December 2024 sale price of £518,000 represented a fair market value for the property.
• The size, condition, and specification of 12 OAK CLOSE has not materially changed since December 2024.

How Large is 12 OAK CLOSE?

12 OAK CLOSE is 161m², which includes four extensions, according to the EPC inspection conducted in May 2024. This puts it in the largest 20% 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 OAK CLOSE lies on this distribution: 88% of detached houses houses are smaller than 12 OAK CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Derby.

12 OAK CLOSE: Plot and Title Map

12 OAK CLOSE sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 12 OAK 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 OAK 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 OAK CLOSE?

12 OAK CLOSE is located in ALLESTREE, in the DE22 postcode district. The below map shows the position of No. 12 on OAK CLOSE.