16, LIDGATE CLOSE, MICKLEOVER, DERBY, DE3 0TS - £194,500

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

16 LIDGATE CLOSE is a very small detached house of 76m², built sometime between 1976 and 1982, which could now be worth an estimated £257,987. It was last sold for £194,500 in December 2018, which was around 20% below the average December 2018 detached price in the City of Derby local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

16 LIDGATE CLOSE Sold Prices

Land registry data shows three sales for 16 LIDGATE 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 16 LIDGATE 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
2018 19 DEC	£194,500	£243,268	20% below HPI
2018 29 JUN	£215,000	£238,022	10% below HPI
2014 14 FEB	£180,000	£197,442	9% below HPI

16 LIDGATE 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 16 LIDGATE CLOSE sales between February 2014 and December 2018 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 2018 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2018 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 16 LIDGATE CLOSE be worth now?

16 LIDGATE CLOSE might now be worth an estimated £257,987.

This is based on house price inflation of 32.6%, between December 2018 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 32.6% inflationary increase is applied to the most recent sale price for 16 LIDGATE CLOSE of £194,500 on 19th December 2018. For the value to have increased from £194,500 to £257,987 over the six years to December 2024, the following assumptions must hold true:

• The value of 16 LIDGATE CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The December 2018 sale price of £194,500 represented a fair market value for the property.
• The size, condition, and specification of 16 LIDGATE CLOSE has not materially changed since December 2018.

How Large is 16 LIDGATE CLOSE?

16 LIDGATE CLOSE is 76m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 20% 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 LIDGATE CLOSE lies on this distribution: 16% of detached houses houses are smaller than 16 LIDGATE CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Derby.

16 LIDGATE CLOSE: Plot and Title Map

16 LIDGATE CLOSE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 16 LIDGATE 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 LIDGATE 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 LIDGATE CLOSE?

16 LIDGATE CLOSE is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 16 on LIDGATE CLOSE.