15, GORSE CLOSE, LITTLEOVER, DERBY, DE23 2TG - £177,500

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

15 GORSE CLOSE is a small detached house of 87m², built sometime between 1983 and 1990, which could now be worth an estimated £279,874. It was last sold for £177,500 in March 2007, which was around 13% below the average March 2007 detached price in the City of Derby local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

15 GORSE CLOSE Sold Prices

Land registry data shows two sales for 15 GORSE 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. One of the two 15 GORSE CLOSE sales was for below the average price, whilst the other was 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
2007 21 MAR	£177,500	£204,644	13% below HPI
1995 29 SEP	£74,000	£61,799	20% above HPI

15 GORSE 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 15 GORSE CLOSE sales from September 1995 and March 2007 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 1995 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the March 2007 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 15 GORSE CLOSE be worth now?

15 GORSE CLOSE might now be worth an estimated £279,874.

This is based on house price inflation of 57.7%, between March 2007 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 57.7% inflationary increase is applied to the most recent sale price for 15 GORSE CLOSE of £177,500 on 21st March 2007. For the value to have increased from £177,500 to £279,874 over the sixteen years and three months to December 2024, the following assumptions must hold true:

• The value of 15 GORSE CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The March 2007 sale price of £177,500 represented a fair market value for the property.
• The size, condition, and specification of 15 GORSE CLOSE has not materially changed since March 2007.

How Large is 15 GORSE CLOSE?

15 GORSE CLOSE is 87m² according to the EPC inspection conducted in May 2024. 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 15 GORSE CLOSE lies on this distribution: 28% of detached houses houses are smaller than 15 GORSE CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Derby.

15 GORSE CLOSE: Plot and Title Map

15 GORSE CLOSE sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 15 GORSE 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 15 GORSE 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 15 GORSE CLOSE?

15 GORSE CLOSE is located in LITTLEOVER, in the DE23 postcode district. The below map shows the position of No. 15 on GORSE CLOSE.