2, MIDDLEFIELD CLOSE, ALLESTREE, DERBY, DE22 2HP - £412,000

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 MIDDLEFIELD CLOSE is a very large extended detached house of 179m², built sometime between 2003 and 2006, which could now be worth an estimated £530,268. It was last sold for £412,000 in July 2020, which was around 64% above the average July 2020 detached price in the City of Derby local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

2 MIDDLEFIELD CLOSE Sold Prices

Land registry data shows four sales for 2 MIDDLEFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the four 2 MIDDLEFIELD 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
2020 3 JUL	£412,000	£250,706	64% above HPI
2010 21 MAY	£360,000	£184,071	96% above HPI
2007 30 AUG	£366,000	£209,261	75% above HPI
2005 30 NOV	£348,995	£188,476	85% above HPI

2 MIDDLEFIELD 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 four 2 MIDDLEFIELD CLOSE sales between November 2005 and July 2020 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 May 2010 sale was for 96% above the HPI. So the extrapolation line tracks at 96% above the HPI over time, until the July 2020 sale, where it falls to 64% above the HPI. The line then continues to track at 64% above the HPI.

What might 2 MIDDLEFIELD CLOSE be worth now?

2 MIDDLEFIELD CLOSE might now be worth an estimated £530,268.

This is based on house price inflation of 28.7%, between July 2020 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 28.7% inflationary increase is applied to the most recent sale price for 2 MIDDLEFIELD CLOSE of £412,000 on 3rd July 2020. For the value to have increased from £412,000 to £530,268 over the three years and seven months to December 2024, the following assumptions must hold true:

• The value of 2 MIDDLEFIELD CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The July 2020 sale price of £412,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MIDDLEFIELD CLOSE has not materially changed since July 2020.

How Large is 2 MIDDLEFIELD CLOSE?

2 MIDDLEFIELD CLOSE is 179m², which includes one extension, according to the EPC inspection conducted in September 2019. 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 MIDDLEFIELD CLOSE lies on this distribution: 92% of detached houses houses are smaller than 2 MIDDLEFIELD CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 MIDDLEFIELD CLOSE: Plot and Title Map

2 MIDDLEFIELD CLOSE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 2 MIDDLEFIELD 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 MIDDLEFIELD 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 MIDDLEFIELD CLOSE?

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