2, HICKLING CLOSE, SHELTON LOCK, DERBY, DE24 9QD - £125,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 HICKLING CLOSE is a very small detached house of 54m², built sometime between 1950 and 1966, which could now be worth an estimated £222,129. It was last sold for £125,000 in June 2011, which was around 31% below the average June 2011 detached price in the City of Derby local authority area. The most recent EPC inspection was October 2009, where the current energy rating was E, and the potential energy rating was C.

2 HICKLING CLOSE Sold Prices

Land registry data shows two sales for 2 HICKLING 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 HICKLING 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
2011 15 JUN	£125,000	£181,580	31% below HPI
2003 1 JUL	£122,500	£144,989	16% below HPI

2 HICKLING 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 HICKLING CLOSE sales from July 2003 and June 2011 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 2003 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2011 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 2 HICKLING CLOSE be worth now?

2 HICKLING CLOSE might now be worth an estimated £222,129.

This is based on house price inflation of 77.7%, between June 2011 and December 2024, 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 77.7% inflationary increase is applied to the most recent sale price for 2 HICKLING CLOSE of £125,000 on 15th June 2011. For the value to have increased from £125,000 to £222,129 over the twelve years and six months to December 2024, the following assumptions must hold true:

• The value of 2 HICKLING CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The June 2011 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HICKLING CLOSE has not materially changed since June 2011.

How Large is 2 HICKLING CLOSE?

2 HICKLING CLOSE is 54m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 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 HICKLING CLOSE lies on this distribution: 2% of detached houses houses are smaller than 2 HICKLING CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 HICKLING CLOSE: Plot and Title Map

2 HICKLING CLOSE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 2 HICKLING 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 HICKLING 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 HICKLING CLOSE?

2 HICKLING CLOSE is located in SHELTON LOCK, in the DE24 postcode district. The below map shows the position of No. 2 on HICKLING CLOSE.