13, TIBER CLOSE, ALVASTON, DERBY, DE24 0TQ - £275,000

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

13 TIBER CLOSE is a small extended detached house of 88m², built sometime between 1991 and 1995. It was last sold for £275,000 in August 2024, which was around 12% below the average August 2024 detached price in the City of Derby local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

13 TIBER CLOSE Sold Prices

Land registry data shows four sales for 13 TIBER 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. two of the four 13 TIBER CLOSE sales were for below the average price, and four 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 9 AUG	£275,000	£311,773	12% below HPI
2014 14 NOV	£180,000	£206,235	13% below HPI
2004 16 APR	£169,000	£165,616	2% above HPI
2002 28 JUN	£122,950	£108,262	14% above HPI

13 TIBER 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 TIBER CLOSE sales between June 2002 and August 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 November 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2024 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 13 TIBER CLOSE?

13 TIBER CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the smallest 30% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 13 TIBER CLOSE lies on this distribution: 29% of detached houses are smaller than 13 TIBER CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Derby.

13 TIBER CLOSE: Plot and Title Map

13 TIBER CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 13 TIBER 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 TIBER 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 TIBER CLOSE?

13 TIBER CLOSE is located in ALVASTON, in the DE24 postcode district. The below map shows the position of No. 13 on TIBER CLOSE.