16, MARIGOLD CLOSE, OAKWOOD, DERBY, DE21 2SE - £365,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 MARIGOLD CLOSE is a large extended detached house of 135m², built sometime between 1991 and 1995, which could now be worth an estimated £377,383. It was last sold for £365,000 in November 2022, which was around 19% above the average November 2022 detached price in the City of Derby local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

16 MARIGOLD CLOSE Sold Prices

Land registry data shows three sales for 16 MARIGOLD 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. Two of the three 16 MARIGOLD CLOSE sales were for above the average price, whilst one was 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
2022 10 NOV	£365,000	£307,283	19% above HPI
2007 5 JAN	£184,500	£205,992	10% below HPI
2003 31 JAN	£149,950	£134,931	11% above HPI

16 MARIGOLD 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 MARIGOLD CLOSE sales between January 2003 and November 2022 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 January 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2022 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 16 MARIGOLD CLOSE be worth now?

16 MARIGOLD CLOSE might now be worth an estimated £377,383.

This is based on house price inflation of 3.4%, between November 2022 and February 2025, 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 3.4% inflationary increase is applied to the most recent sale price for 16 MARIGOLD CLOSE of £365,000 on 10th November 2022. For the value to have increased from £365,000 to £377,383 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 16 MARIGOLD CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The November 2022 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MARIGOLD CLOSE has not materially changed since November 2022.

How Large is 16 MARIGOLD CLOSE?

16 MARIGOLD CLOSE is 135m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 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 16 MARIGOLD CLOSE lies on this distribution: 77% of detached houses houses are smaller than 16 MARIGOLD CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Derby.

16 MARIGOLD CLOSE: Plot and Title Map

16 MARIGOLD CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 16 MARIGOLD 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 MARIGOLD 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 MARIGOLD CLOSE?

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