16, SOMERSET CLOSE, DERBY, DE22 3XP - £222,000

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 SOMERSET CLOSE is a midsized detached house of 103m², which could now be worth an estimated £277,413. It was last sold for £222,000 in October 2020, which was around 14% below the average October 2020 detached price in the City of Derby local authority area. The most recent EPC inspection was August 2016, where the current energy rating was B, and the potential energy rating was A.

16 SOMERSET CLOSE Sold Prices

Land registry data shows two sales for 16 SOMERSET 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 SOMERSET 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
2020 8 OCT	£222,000	£258,219	14% below HPI
2016 23 SEP	£219,995	£226,211	3% below HPI

16 SOMERSET 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 SOMERSET CLOSE sales from September 2016 and October 2020 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 2016 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2020 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 16 SOMERSET CLOSE be worth now?

16 SOMERSET CLOSE might now be worth an estimated £277,413.

This is based on house price inflation of 25%, between October 2020 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 25% inflationary increase is applied to the most recent sale price for 16 SOMERSET CLOSE of £222,000 on 8th October 2020. For the value to have increased from £222,000 to £277,413 over the three years and ten months to December 2024, the following assumptions must hold true:

• The value of 16 SOMERSET CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The October 2020 sale price of £222,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SOMERSET CLOSE has not materially changed since October 2020.

How Large is 16 SOMERSET CLOSE?

16 SOMERSET CLOSE is 103m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 50% 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 SOMERSET CLOSE lies on this distribution: 45% of detached houses houses are smaller than 16 SOMERSET CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Derby.

16 SOMERSET CLOSE: Plot and Title Map

16 SOMERSET CLOSE sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 16 SOMERSET 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 SOMERSET 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 SOMERSET CLOSE?

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