27, WELLAND CLOSE, MICKLEOVER, DERBY, DE3 0RZ - £200,000

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

27 WELLAND CLOSE is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £200,000 in May 2016, which was around 8% below the average May 2016 detached price in the City of Derby local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

27 WELLAND CLOSE Sold Prices

Land registry data shows two sales for 27 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 27 WELLAND 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
2016 25 MAY	£200,000	£217,315	8% below HPI
2004 28 MAY	£137,000	£170,056	19% below HPI

27 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 27 WELLAND CLOSE sales from May 2004 and May 2016 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 May 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2016 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 27 WELLAND CLOSE?

27 WELLAND CLOSE is 70m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 27 WELLAND CLOSE lies on this distribution: 11% of detached houses are smaller than 27 WELLAND CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Derby.

27 WELLAND CLOSE: Plot and Title Map

27 WELLAND CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 27 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 27 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 27 WELLAND CLOSE?

27 WELLAND CLOSE is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 27 on WELLAND CLOSE.