2, PRIMROSE CLOSE, OAKWOOD, DERBY, DE21 2NY - £287,000

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 PRIMROSE CLOSE is a large detached house of 128m², built sometime between 1991 and 1995, which could now be worth an estimated £460,533. It was last sold for £287,000 in July 2014, which was around 43% above the average July 2014 detached price in the City of Derby local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

2 PRIMROSE CLOSE Sold Prices

Land registry data shows two sales for 2 PRIMROSE 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 PRIMROSE 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
2014 31 JUL	£287,000	£201,087	43% above HPI
2004 25 APR	£220,000	£165,845	33% above HPI

2 PRIMROSE 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 PRIMROSE CLOSE sales from April 2004 and July 2014 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 April 2004 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the July 2014 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 2 PRIMROSE CLOSE be worth now?

2 PRIMROSE CLOSE might now be worth an estimated £460,533.

This is based on house price inflation of 60.5%, between July 2014 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 60.5% inflationary increase is applied to the most recent sale price for 2 PRIMROSE CLOSE of £287,000 on 31st July 2014. For the value to have increased from £287,000 to £460,533 over the nine years and seven months to December 2024, the following assumptions must hold true:

• The value of 2 PRIMROSE CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The July 2014 sale price of £287,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PRIMROSE CLOSE has not materially changed since July 2014.

How Large is 2 PRIMROSE CLOSE?

2 PRIMROSE CLOSE is 128m² according to the EPC inspection conducted in April 2014. This puts it in the largest 30% 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 PRIMROSE CLOSE lies on this distribution: 71% of detached houses houses are smaller than 2 PRIMROSE CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 PRIMROSE CLOSE: Plot and Title Map

2 PRIMROSE CLOSE sits on a plot of roughly 0.122 of an acre, or 492m². The below map shows the location of 2 PRIMROSE 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 PRIMROSE 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 PRIMROSE CLOSE?

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