2, HALLGATE CLOSE, OAKWOOD, DERBY, DE21 2QY - £250,000

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 HALLGATE CLOSE is a small extended detached house of 95m², built sometime between 1996 and 2002. It was last sold for £250,000 in February 2022, which was around 11% below the average February 2022 detached price in the City of Derby local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

2 HALLGATE CLOSE Sold Prices

Land registry data shows two sales for 2 HALLGATE 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. One of the two 2 HALLGATE CLOSE sales was for below the average price, whilst the other was 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
2022 24 FEB	£250,000	£281,615	11% below HPI
1999 26 FEB	£79,995	£68,514	17% above HPI

2 HALLGATE 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 HALLGATE CLOSE sales from February 1999 and February 2022 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 February 1999 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the February 2022 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 2 HALLGATE CLOSE?

2 HALLGATE CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 40% 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 HALLGATE CLOSE lies on this distribution: 37% of detached houses are smaller than 2 HALLGATE CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 HALLGATE CLOSE: Plot and Title Map

2 HALLGATE CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 2 HALLGATE 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 HALLGATE 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 HALLGATE CLOSE?

2 HALLGATE CLOSE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 2 on HALLGATE CLOSE.