2, EDALE CLOSE, ALLESTREE, DERBY, DE22 2RL - £265,000

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 EDALE CLOSE is a small detached house of 82m², built sometime between 1976 and 1982. It was last sold for £265,000 in February 2024, which was around 12% below the average February 2024 detached price in the City of Derby local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

2 EDALE CLOSE Sold Prices

Land registry data shows two sales for 2 EDALE 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 EDALE 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
2024 16 FEB	£265,000	£301,296	12% below HPI
1997 17 OCT	£52,500	£68,440	23% below HPI

2 EDALE 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 EDALE CLOSE sales from October 1997 and February 2024 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 October 1997 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2024 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 2 EDALE CLOSE?

2 EDALE CLOSE is 82m² according to the EPC inspection conducted in July 2023. 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 EDALE CLOSE lies on this distribution: 22% of detached houses are smaller than 2 EDALE CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 EDALE CLOSE: Plot and Title Map

2 EDALE CLOSE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 2 EDALE 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 EDALE 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 EDALE CLOSE?

2 EDALE CLOSE is located in ALLESTREE, in the DE22 postcode district. The below map shows the position of No. 2 on EDALE CLOSE.