2, CRANESBILL CLOSE, MICKLEOVER, DERBY, DE3 0HH - £295,000

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

2 CRANESBILL CLOSE is a small detached house of 87m², built in 2022. It was last sold for £295,000 in June 2023, which was around 11% below the average June 2023 detached price in the South Derbyshire local authority area. The most recent EPC inspection was August 2022, where the current energy rating was B, and the potential energy rating was A.

2 CRANESBILL CLOSE Sold Prices

Land registry data shows two sales for 2 CRANESBILL 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 South Derbyshire local authority area for the corresponding sale date. Both of the two 2 CRANESBILL 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
2023 15 JUN	£295,000	£329,623	11% below HPI
2022 23 SEP	£275,000	£327,228	16% below HPI

2 CRANESBILL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The two 2 CRANESBILL CLOSE sales from September 2022 and June 2023 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 2022 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 2 CRANESBILL CLOSE?

2 CRANESBILL CLOSE is 87m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 30% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 2 CRANESBILL CLOSE lies on this distribution: 28% of detached houses are smaller than 2 CRANESBILL CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 CRANESBILL CLOSE: Plot and Title Map

2 CRANESBILL CLOSE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 2 CRANESBILL 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 CRANESBILL 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 CRANESBILL CLOSE?

2 CRANESBILL CLOSE is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 2 on CRANESBILL CLOSE.