18, GORSE CLOSE, LITTLEOVER, DERBY, DE23 2TG - £176,000

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.

18 GORSE CLOSE is a very small semi-detached house of 56m², built sometime between 1996 and 2002, which could now be worth an estimated £202,187. It was last sold for £176,000 in February 2022, which was around 3% below the average February 2022 semi-detached price in the City of Derby local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

18 GORSE CLOSE Sold Prices

Land registry data shows two sales for 18 GORSE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the City of Derby local authority area for the corresponding sale date. Both of the two 18 GORSE 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
2022 25 FEB	£176,000	£181,812	3% below HPI
2017 24 FEB	£122,500	£144,757	15% below HPI

18 GORSE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the City of Derby local authority area over time, sourced from the HPI. The two 18 GORSE CLOSE sales from February 2017 and February 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 February 2017 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 18 GORSE CLOSE be worth now?

18 GORSE CLOSE might now be worth an estimated £202,187.

This is based on house price inflation of 14.9%, between February 2022 and February 2025, for semi-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 14.9% inflationary increase is applied to the most recent sale price for 18 GORSE CLOSE of £176,000 on 25th February 2022. For the value to have increased from £176,000 to £202,187 over the three years to February 2025, the following assumptions must hold true:

• The value of 18 GORSE CLOSE has moved in line with the HPI for semi-detached houses in the City of Derby local authority area.
• The February 2022 sale price of £176,000 represented a fair market value for the property.
• The size, condition, and specification of 18 GORSE CLOSE has not materially changed since February 2022.

How Large is 18 GORSE CLOSE?

18 GORSE CLOSE is 56m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of semi-detached houses houses in Derby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Derby, and where 18 GORSE CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 18 GORSE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Derby.

18 GORSE CLOSE: Plot and Title Map

18 GORSE CLOSE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 18 GORSE 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 18 GORSE 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 18 GORSE CLOSE?

18 GORSE CLOSE is located in LITTLEOVER, in the DE23 postcode district. The below map shows the position of No. 18 on GORSE CLOSE.