23, INGLE CLOSE, SPONDON, DERBY, DE21 7LG - £213,000

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 INGLE CLOSE is a small detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £274,272. It was last sold for £213,000 in June 2020, which was around 14% below the average June 2020 detached price in the City of Derby local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

23 INGLE CLOSE Sold Prices

Land registry data shows four sales for 23 INGLE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the four 23 INGLE 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
2020 29 JUN	£213,000	£246,833	14% below HPI
2017 19 SEP	£4,500	£230,198	98% below HPI
2006 1 DEC	£170,000	£202,453	16% below HPI
2000 20 APR	£65,500	£81,268	19% below HPI

23 INGLE 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 four 23 INGLE CLOSE sales between April 2000 and June 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 September 2017 sale was for 98% below the HPI. So the extrapolation line tracks at 98% below the HPI over time, until the June 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 23 INGLE CLOSE be worth now?

23 INGLE CLOSE might now be worth an estimated £274,272.

This is based on house price inflation of 28.8%, between June 2020 and June 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 28.8% inflationary increase is applied to the most recent sale price for 23 INGLE CLOSE of £213,000 on 29th June 2020. For the value to have increased from £213,000 to £274,272 over the five years to June 2025, the following assumptions must hold true:

• The value of 23 INGLE CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The June 2020 sale price of £213,000 represented a fair market value for the property.
• The size, condition, and specification of 23 INGLE CLOSE has not materially changed since June 2020.

How Large is 23 INGLE CLOSE?

23 INGLE CLOSE is 80m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 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 23 INGLE CLOSE lies on this distribution: 20% of detached houses houses are smaller than 23 INGLE CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Derby.

23 INGLE CLOSE: Plot and Title Map

23 INGLE CLOSE sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 23 INGLE 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 INGLE 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 INGLE CLOSE?

23 INGLE CLOSE is located in SPONDON, in the DE21 postcode district. The below map shows the position of No. 23 on INGLE CLOSE.