16, GRASSTHORPE CLOSE, OAKWOOD, DERBY, DE21 4RW - £300,000

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

16 GRASSTHORPE CLOSE is a small extended detached house of 94m², built sometime between 1991 and 1995, which could now be worth an estimated £314,098. It was last sold for £300,000 in April 2023, which was around 3% below the average April 2023 detached price in the City of Derby local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

16 GRASSTHORPE CLOSE Sold Prices

Land registry data shows two sales for 16 GRASSTHORPE 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 16 GRASSTHORPE 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 12 APR	£300,000	£308,190	3% below HPI
2012 23 NOV	£172,000	£183,020	6% below HPI

16 GRASSTHORPE 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 16 GRASSTHORPE CLOSE sales from November 2012 and April 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 November 2012 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the April 2023 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 16 GRASSTHORPE CLOSE be worth now?

16 GRASSTHORPE CLOSE might now be worth an estimated £314,098.

This is based on house price inflation of 4.7%, between April 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 4.7% inflationary increase is applied to the most recent sale price for 16 GRASSTHORPE CLOSE of £300,000 on 12th April 2023. For the value to have increased from £300,000 to £314,098 over the four months to December 2024, the following assumptions must hold true:

• The value of 16 GRASSTHORPE CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The April 2023 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 16 GRASSTHORPE CLOSE has not materially changed since April 2023.

How Large is 16 GRASSTHORPE CLOSE?

16 GRASSTHORPE CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 40% 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 16 GRASSTHORPE CLOSE lies on this distribution: 37% of detached houses houses are smaller than 16 GRASSTHORPE CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Derby.

16 GRASSTHORPE CLOSE: Plot and Title Map

16 GRASSTHORPE CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 16 GRASSTHORPE 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 16 GRASSTHORPE 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 16 GRASSTHORPE CLOSE?

16 GRASSTHORPE CLOSE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 16 on GRASSTHORPE CLOSE.