2, BRADING CLOSE, ALVASTON, DERBY, DE24 0UW - £175,000

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

2 BRADING CLOSE is a midsized extended detached house of 100m², built sometime between 1976 and 1982, which could now be worth an estimated £211,331. It was last sold for £175,000 in February 2021, which was around 35% below the average February 2021 detached price in the City of Derby local authority area. The most recent EPC inspection was December 2012, where the current energy rating was B, and the potential energy rating was B.

2 BRADING CLOSE Sold Prices

Land registry data shows three sales for 2 BRADING 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. All of the three 2 BRADING 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
2021 12 FEB	£175,000	£267,201	35% below HPI
2007 19 JAN	£145,000	£205,992	30% below HPI
1999 6 SEP	£58,000	£75,966	24% below HPI

2 BRADING 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 2 BRADING CLOSE sales between September 1999 and February 2021 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 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 2 BRADING CLOSE be worth now?

2 BRADING CLOSE might now be worth an estimated £211,331.

This is based on house price inflation of 20.8%, between February 2021 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 20.8% inflationary increase is applied to the most recent sale price for 2 BRADING CLOSE of £175,000 on 12th February 2021. For the value to have increased from £175,000 to £211,331 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 2 BRADING CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The February 2021 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BRADING CLOSE has not materially changed since February 2021.

How Large is 2 BRADING CLOSE?

2 BRADING CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in December 2012. 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 2 BRADING CLOSE lies on this distribution: 42% of detached houses houses are smaller than 2 BRADING CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 BRADING CLOSE: Plot and Title Map

2 BRADING CLOSE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 2 BRADING 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 2 BRADING 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 2 BRADING CLOSE?

2 BRADING CLOSE is located in ALVASTON, in the DE24 postcode district. The below map shows the position of No. 2 on BRADING CLOSE.