23, SPEEDWELL CLOSE, OAKWOOD, DERBY, DE21 2XR - £210,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

23 SPEEDWELL CLOSE is a midsized extended detached house of 100m², built sometime between 1991 and 1995, which could now be worth an estimated £370,240. It was last sold for £210,000 in November 2012, which was around 15% above the average November 2012 detached price in the City of Derby local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

23 SPEEDWELL CLOSE Sold Prices

Land registry data shows three sales for 23 SPEEDWELL 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 SPEEDWELL 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
2012 23 NOV	£210,000	£183,020	15% above HPI
2010 15 JUN	£225,000	£187,648	20% above HPI
1999 12 AUG	£81,500	£73,476	11% above HPI

23 SPEEDWELL 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 SPEEDWELL CLOSE sales between August 1999 and November 2012 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 2010 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the November 2012 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 23 SPEEDWELL CLOSE be worth now?

23 SPEEDWELL CLOSE might now be worth an estimated £370,240.

This is based on house price inflation of 76.3%, between November 2012 and December 2024, 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 76.3% inflationary increase is applied to the most recent sale price for 23 SPEEDWELL CLOSE of £210,000 on 23rd November 2012. For the value to have increased from £210,000 to £370,240 over the eleven years and eleven months to December 2024, the following assumptions must hold true:

• The value of 23 SPEEDWELL CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The November 2012 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 23 SPEEDWELL CLOSE has not materially changed since November 2012.

How Large is 23 SPEEDWELL CLOSE?

23 SPEEDWELL CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 50% 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 SPEEDWELL CLOSE lies on this distribution: 42% of detached houses houses are smaller than 23 SPEEDWELL CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Derby.

23 SPEEDWELL CLOSE: Plot and Title Map

23 SPEEDWELL CLOSE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 23 SPEEDWELL 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 SPEEDWELL 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 SPEEDWELL CLOSE?

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