14, OULTON CLOSE, SHELTON LOCK, DERBY, DE24 9DU - £142,000

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 OULTON CLOSE is a small extended detached house of 83m², built sometime between 1976 and 1982, which could now be worth an estimated £242,429. It was last sold for £142,000 in October 2011, which was around 25% below the average October 2011 detached price in the City of Derby local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

14 OULTON CLOSE Sold Prices

Land registry data shows two sales for 14 OULTON 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 14 OULTON 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
2011 24 OCT	£142,000	£189,002	25% below HPI
1997 25 JUN	£53,500	£64,517	17% below HPI

14 OULTON 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 14 OULTON CLOSE sales from June 1997 and October 2011 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 June 1997 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2011 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 14 OULTON CLOSE be worth now?

14 OULTON CLOSE might now be worth an estimated £242,429.

This is based on house price inflation of 70.7%, between October 2011 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 70.7% inflationary increase is applied to the most recent sale price for 14 OULTON CLOSE of £142,000 on 24th October 2011. For the value to have increased from £142,000 to £242,429 over the twelve years and ten months to December 2024, the following assumptions must hold true:

• The value of 14 OULTON CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The October 2011 sale price of £142,000 represented a fair market value for the property.
• The size, condition, and specification of 14 OULTON CLOSE has not materially changed since October 2011.

How Large is 14 OULTON CLOSE?

14 OULTON CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 30% 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 OULTON CLOSE lies on this distribution: 23% of detached houses houses are smaller than 14 OULTON CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Derby.

14 OULTON CLOSE: Plot and Title Map

14 OULTON CLOSE sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 14 OULTON 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 OULTON 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 OULTON CLOSE?

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