14, HOVETON CLOSE, SHELTON LOCK, DERBY, DE24 9QH - £193,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

14 HOVETON CLOSE is a very small detached house of 55m², built sometime between 1976 and 1982, which could now be worth an estimated £203,187. It was last sold for £193,000 in March 2023, which was around 37% below the average March 2023 detached price in the City of Derby local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

14 HOVETON CLOSE Sold Prices

Land registry data shows three sales for 14 HOVETON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the three 14 HOVETON 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
2023 24 MAR	£193,000	£306,495	37% below HPI
2016 9 MAY	£135,500	£217,615	38% below HPI
2009 16 OCT	£123,000	£187,971	35% below HPI

14 HOVETON 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 three 14 HOVETON CLOSE sales between October 2009 and March 2023 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 2016 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the March 2023 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 14 HOVETON CLOSE be worth now?

14 HOVETON CLOSE might now be worth an estimated £203,187.

This is based on house price inflation of 5.3%, between March 2023 and December 2024, 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 5.3% inflationary increase is applied to the most recent sale price for 14 HOVETON CLOSE of £193,000 on 24th March 2023. For the value to have increased from £193,000 to £203,187 over the three months to December 2024, the following assumptions must hold true:

• The value of 14 HOVETON CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The March 2023 sale price of £193,000 represented a fair market value for the property.
• The size, condition, and specification of 14 HOVETON CLOSE has not materially changed since March 2023.

How Large is 14 HOVETON CLOSE?

14 HOVETON CLOSE is 55m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 10% 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 14 HOVETON CLOSE lies on this distribution: 2% of detached houses houses are smaller than 14 HOVETON CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Derby.

14 HOVETON CLOSE: Plot and Title Map

14 HOVETON CLOSE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 14 HOVETON 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 14 HOVETON 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 14 HOVETON CLOSE?

14 HOVETON CLOSE is located in SHELTON LOCK, in the DE24 postcode district. The below map shows the position of No. 14 on HOVETON CLOSE.