2, SOUTH BRAE CLOSE, LITTLEOVER, DERBY, DE23 1WD - £421,000

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 SOUTH BRAE CLOSE is a very large extended detached house of 185m², built sometime between 1991 and 1995. It was last sold for £421,000 in August 2020, which was around 66% above the average August 2020 detached price in the City of Derby local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

2 SOUTH BRAE CLOSE Sold Prices

Land registry data shows two sales for 2 SOUTH BRAE 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 SOUTH BRAE 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 28 AUG	£421,000	£253,966	66% above HPI
2002 2 DEC	£275,000	£130,598	111% above HPI

2 SOUTH BRAE 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 SOUTH BRAE CLOSE sales from December 2002 and August 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 December 2002 sale was for 111% above the HPI. So the extrapolation line tracks at 111% above the HPI over time, until the August 2020 sale, where it falls to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is 2 SOUTH BRAE CLOSE?

2 SOUTH BRAE CLOSE is 185m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 10% 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 SOUTH BRAE CLOSE lies on this distribution: 93% of detached houses are smaller than 2 SOUTH BRAE CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 SOUTH BRAE CLOSE: Plot and Title Map

2 SOUTH BRAE CLOSE sits on a plot of roughly 0.155 of an acre, or 629m². The below map shows the location of 2 SOUTH BRAE 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 SOUTH BRAE 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 SOUTH BRAE CLOSE?

2 SOUTH BRAE CLOSE is located in LITTLEOVER, in the DE23 postcode district. The below map shows the position of No. 2 on SOUTH BRAE CLOSE.