2, REDBRIDGE CLOSE, DERBY, DE22 4JH - £179,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 REDBRIDGE CLOSE is a small detached house of 86m². It was last sold for £179,500 in February 2019, which was around 26% below the average February 2019 detached price in the City of Derby local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

2 REDBRIDGE CLOSE Sold Prices

Land registry data shows three sales for 2 REDBRIDGE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the three 2 REDBRIDGE 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
2019 15 FEB	£179,500	£242,609	26% below HPI
2018 26 OCT	£190,000	£242,118	22% below HPI
2016 24 MAR	£179,995	£215,166	16% below HPI

2 REDBRIDGE 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 three 2 REDBRIDGE CLOSE sales between March 2016 and February 2019 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 2018 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2019 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 REDBRIDGE CLOSE?

2 REDBRIDGE CLOSE is 86m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% 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 REDBRIDGE CLOSE lies on this distribution: 27% of detached houses are smaller than 2 REDBRIDGE CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 REDBRIDGE CLOSE: Plot and Title Map

2 REDBRIDGE CLOSE sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of 2 REDBRIDGE 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 REDBRIDGE 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 REDBRIDGE CLOSE?

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