13, GEMA CLOSE, ALLESTREE, DERBY, DE22 2UL - £225,000

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.

13 GEMA CLOSE is a midsized detached house of 107m², built sometime between 1983 and 1990, which could now be worth an estimated £288,666. It was last sold for £225,000 in January 2020, which was around 9% below the average January 2020 detached price in the City of Derby local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

13 GEMA CLOSE Sold Prices

Land registry data shows four sales for 13 GEMA 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. Most of the four 13 GEMA 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
2020 17 JAN	£225,000	£247,738	9% below HPI
2006 3 FEB	£156,000	£187,337	17% below HPI
1999 12 FEB	£70,000	£68,609	2% above HPI
1997 28 FEB	£58,000	£63,950	9% below HPI

13 GEMA 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 13 GEMA CLOSE sales between February 1997 and January 2020 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 February 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2020 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 13 GEMA CLOSE be worth now?

13 GEMA CLOSE might now be worth an estimated £288,666.

This is based on house price inflation of 28.3%, between January 2020 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 28.3% inflationary increase is applied to the most recent sale price for 13 GEMA CLOSE of £225,000 on 17th January 2020. For the value to have increased from £225,000 to £288,666 over the four years and seven months to June 2025, the following assumptions must hold true:

• The value of 13 GEMA CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The January 2020 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 13 GEMA CLOSE has not materially changed since January 2020.

How Large is 13 GEMA CLOSE?

13 GEMA CLOSE is 107m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 50% 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 13 GEMA CLOSE lies on this distribution: 49% of detached houses houses are smaller than 13 GEMA CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Derby.

13 GEMA CLOSE: Plot and Title Map

13 GEMA CLOSE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 13 GEMA 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 13 GEMA 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 13 GEMA CLOSE?

13 GEMA CLOSE is located in ALLESTREE, in the DE22 postcode district. The below map shows the position of No. 13 on GEMA CLOSE.