16, RANNOCH CLOSE, ALLESTREE, DERBY, DE22 2SJ - £160,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 RANNOCH CLOSE is a very small detached house of 57m², built sometime between 1950 and 1966. It was last sold for £160,000 in October 2004, which was around 15% below the average October 2004 detached price in the City of Derby local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

16 RANNOCH CLOSE Sold Prices

Land registry data shows two sales for 16 RANNOCH 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 RANNOCH 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
2004 8 OCT	£160,000	£188,267	15% below HPI
2002 22 MAR	£87,995	£101,238	13% below HPI

16 RANNOCH 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 RANNOCH CLOSE sales from March 2002 and October 2004 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 March 2002 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2004 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 16 RANNOCH CLOSE?

16 RANNOCH CLOSE is 57m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 16 RANNOCH CLOSE lies on this distribution: 4% of detached houses are smaller than 16 RANNOCH CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Derby.

16 RANNOCH CLOSE: Plot and Title Map

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

16 RANNOCH CLOSE is located in ALLESTREE, in the DE22 postcode district. The below map shows the position of No. 16 on RANNOCH CLOSE.