2, CRANHILL CLOSE, LITTLEOVER, DERBY, DE23 3XU - £160,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 CRANHILL CLOSE is a small detached house of 83m², built sometime between 1996 and 2002. It was last sold for £160,000 in November 2006, which was around 20% below the average November 2006 detached price in the City of Derby local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

2 CRANHILL CLOSE Sold Prices

Land registry data shows two sales for 2 CRANHILL 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 2 CRANHILL 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
2006 3 NOV	£160,000	£199,895	20% below HPI
1997 25 JUL	£61,745	£66,428	7% below HPI

2 CRANHILL 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 2 CRANHILL CLOSE sales from July 1997 and November 2006 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 July 1997 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2006 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 CRANHILL CLOSE?

2 CRANHILL CLOSE is 83m² according to the EPC inspection conducted in October 2015. 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 CRANHILL CLOSE lies on this distribution: 23% of detached houses are smaller than 2 CRANHILL CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 CRANHILL CLOSE: Plot and Title Map

2 CRANHILL CLOSE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 2 CRANHILL 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 CRANHILL 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 CRANHILL CLOSE?

2 CRANHILL CLOSE is located in LITTLEOVER, in the DE23 postcode district. The below map shows the position of No. 2 on CRANHILL CLOSE.