2, OAK CLOSE, OCKBROOK, DERBY, DE72 3RZ - £65,000

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 OAK CLOSE is a large extended detached house of 127m², built sometime between 1967 and 1975. It was last sold for £65,000 in March 1997, which was around 4% above the average March 1997 detached price in the Erewash local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

2 OAK CLOSE Sold Prices

Land registry data shows two sales for 2 OAK 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 Erewash local authority area for the corresponding sale date. Both of the two 2 OAK 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
1997 27 MAR	£65,000	£62,762	4% above HPI
1995 27 OCT	£68,000	£61,595	10% above HPI

2 OAK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 2 OAK CLOSE sales from October 1995 and March 1997 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 1995 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the March 1997 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 2 OAK CLOSE?

2 OAK CLOSE is 127m², which includes two extensions, according to the EPC inspection conducted in May 2011. This puts it in the largest 30% of detached houses in Ockbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Ockbrook, and where 2 OAK CLOSE lies on this distribution: 71% of detached houses are smaller than 2 OAK CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Ockbrook.

2 OAK CLOSE: Plot and Title Map

2 OAK CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 2 OAK 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 OAK 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 OAK CLOSE?

2 OAK CLOSE is located in OCKBROOK, in the DE72 postcode district. The below map shows the position of No. 2 on OAK CLOSE.