25, WELLAND CLOSE, MICKLEOVER, DERBY, DE3 0RZ - £245,000

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

25 WELLAND CLOSE is a midsized extended detached house of 108m², built sometime between 1967 and 1975. It was last sold for £245,000 in December 2015, which was around 14% above the average December 2015 detached price in the City of Derby local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

25 WELLAND CLOSE Sold Prices

Land registry data shows two sales for 25 WELLAND 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 25 WELLAND 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
2015 18 DEC	£245,000	£215,642	14% above HPI
2001 20 APR	£93,450	£86,815	8% above HPI

25 WELLAND 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 25 WELLAND CLOSE sales from April 2001 and December 2015 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 April 2001 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the December 2015 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 25 WELLAND CLOSE?

25 WELLAND CLOSE is 108m², which includes three extensions, according to the EPC inspection conducted in October 2015. This puts it in the largest 50% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 25 WELLAND CLOSE lies on this distribution: 50% of detached houses are smaller than 25 WELLAND CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Derby.

25 WELLAND CLOSE: Plot and Title Map

25 WELLAND CLOSE sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 25 WELLAND 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 25 WELLAND 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 25 WELLAND CLOSE?

25 WELLAND CLOSE is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 25 on WELLAND CLOSE.