18, WELLAND CLOSE, MICKLEOVER, DERBY, DE3 0RZ - £170,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

18 WELLAND CLOSE is a very small semi-detached house of 75m², built sometime between 1976 and 1982. It was last sold for £170,000 in May 2011, which was around 7% below the average May 2011 detached price in the City of Derby local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

18 WELLAND CLOSE Sold Prices

Land registry data shows four sales for 18 WELLAND CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the four 18 WELLAND 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
2011 20 MAY	£170,000	£181,926	7% below HPI
2007 12 SEP	£179,950	£210,683	15% below HPI
1998 25 SEP	£59,950	£72,139	17% below HPI
1995 10 FEB	£60,000	£63,652	6% below HPI

18 WELLAND 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 four 18 WELLAND CLOSE sales between February 1995 and May 2011 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 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2011 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 18 WELLAND CLOSE?

18 WELLAND CLOSE is 75m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 18 WELLAND CLOSE lies on this distribution: 16% of detached houses are smaller than 18 WELLAND CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Derby.

18 WELLAND CLOSE: Plot and Title Map

18 WELLAND CLOSE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 18 WELLAND 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 WELLAND 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 WELLAND CLOSE?

18 WELLAND CLOSE is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 18 on WELLAND CLOSE.