23, HOVETON CLOSE, SHELTON LOCK, DERBY, DE24 9QH - £140,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

23 HOVETON CLOSE is a very small detached house of 57m², built sometime between 1950 and 1966, which could now be worth an estimated £215,373. It was last sold for £140,000 in November 2014, which was around 32% below the average November 2014 detached price in the City of Derby local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

23 HOVETON CLOSE Sold Prices

Land registry data shows three sales for 23 HOVETON 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 23 HOVETON 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
2014 28 NOV	£140,000	£206,521	32% below HPI
1999 9 AUG	£64,950	£73,476	12% below HPI
1996 25 NOV	£51,000	£64,224	21% below HPI

23 HOVETON 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 23 HOVETON CLOSE sales between November 1996 and November 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 August 1999 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2014 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 23 HOVETON CLOSE be worth now?

23 HOVETON CLOSE might now be worth an estimated £215,373.

This is based on house price inflation of 53.8%, between November 2014 and February 2025, 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 53.8% inflationary increase is applied to the most recent sale price for 23 HOVETON CLOSE of £140,000 on 28th November 2014. For the value to have increased from £140,000 to £215,373 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of 23 HOVETON CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The November 2014 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 23 HOVETON CLOSE has not materially changed since November 2014.

How Large is 23 HOVETON CLOSE?

23 HOVETON CLOSE is 57m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% 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 23 HOVETON CLOSE lies on this distribution: 4% of detached houses houses are smaller than 23 HOVETON CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Derby.

23 HOVETON CLOSE: Plot and Title Map

23 HOVETON CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 23 HOVETON 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 23 HOVETON 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 23 HOVETON CLOSE?

23 HOVETON CLOSE is located in SHELTON LOCK, in the DE24 postcode district. The below map shows the position of No. 23 on HOVETON CLOSE.