2, THORNESS CLOSE, ALVASTON, DERBY, DE24 0UY - £108,000

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 THORNESS CLOSE is a very small detached house of 45m², built sometime between 1996 and 2002. It was last sold for £108,000 in July 2006, which was around 45% below the average July 2006 detached price in the City of Derby local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.

2 THORNESS CLOSE Sold Prices

Land registry data shows two sales for 2 THORNESS 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 THORNESS 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
2006 31 JUL	£108,000	£195,659	45% below HPI
2003 9 JUN	£80,000	£141,471	43% below HPI

2 THORNESS 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 THORNESS CLOSE sales from June 2003 and July 2006 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 June 2003 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the July 2006 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 2 THORNESS CLOSE?

2 THORNESS CLOSE is 45m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 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 THORNESS CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 2 THORNESS CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 THORNESS CLOSE: Plot and Title Map

2 THORNESS CLOSE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 2 THORNESS 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 THORNESS 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 THORNESS CLOSE?

2 THORNESS CLOSE is located in ALVASTON, in the DE24 postcode district. The below map shows the position of No. 2 on THORNESS CLOSE.