2, FRIARS CLOSE, DARLEY ABBEY, DERBY, DE22 1FD - £450,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 FRIARS CLOSE is a very large extended detached house of 191m², built sometime between 1930 and 1949, which could now be worth an estimated £810,274. It was last sold for £450,000 in June 2004, which was around 155% above the average June 2004 detached price in the City of Derby local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

2 FRIARS CLOSE Sold Prices

Land registry data shows two sales for 2 FRIARS 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 FRIARS CLOSE sales were for above 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
2004 16 JUN	£450,000	£176,517	155% above HPI
1998 25 SEP	£184,000	£72,238	155% above HPI

2 FRIARS 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 FRIARS CLOSE sales from September 1998 and June 2004 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 1998 sale was for 155% above the HPI. So the extrapolation line tracks at 155% above the HPI over time, until the June 2004 sale, which was also at 155% above the HPI.

What might 2 FRIARS CLOSE be worth now?

2 FRIARS CLOSE might now be worth an estimated £810,274.

This is based on house price inflation of 80.1%, between June 2004 and June 2025, 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 80.1% inflationary increase is applied to the most recent sale price for 2 FRIARS CLOSE of £450,000 on 16th June 2004. For the value to have increased from £450,000 to £810,274 over the 21 years to June 2025, the following assumptions must hold true:

• The value of 2 FRIARS CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The June 2004 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FRIARS CLOSE has not materially changed since June 2004.

How Large is 2 FRIARS CLOSE?

2 FRIARS CLOSE is 191m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the largest 10% 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 FRIARS CLOSE lies on this distribution: 95% of detached houses houses are smaller than 2 FRIARS CLOSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 FRIARS CLOSE: Plot and Title Map

2 FRIARS CLOSE sits on a plot of roughly 0.224 of an acre, or 908m². The below map shows the location of 2 FRIARS 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 FRIARS 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 FRIARS CLOSE?

2 FRIARS CLOSE is located in DARLEY ABBEY, in the DE22 postcode district. The below map shows the position of No. 2 on FRIARS CLOSE.