3, BARCHESTON CLOSE, OAKWOOD, DERBY, DE21 2QG - £51,000

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

3 BARCHESTON CLOSE is a very small detached house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £241,774. It was last sold for £51,000 in June 1998, which was around 25% below the average June 1998 detached price in the City of Derby local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

3 BARCHESTON CLOSE Sold Prices

Land registry data shows two sales for 3 BARCHESTON 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 3 BARCHESTON 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
1998 8 JUN	£51,000	£68,065	25% below HPI
1996 31 MAY	£47,375	£62,954	25% below HPI

3 BARCHESTON 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 3 BARCHESTON CLOSE sales from May 1996 and June 1998 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 1996 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 1998 sale, which was also at 25% below the HPI.

What might 3 BARCHESTON CLOSE be worth now?

3 BARCHESTON CLOSE might now be worth an estimated £241,774.

This is based on house price inflation of 374.1%, between June 1998 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 374.1% inflationary increase is applied to the most recent sale price for 3 BARCHESTON CLOSE of £51,000 on 8th June 1998. For the value to have increased from £51,000 to £241,774 over the 25 years and six months to December 2024, the following assumptions must hold true:

• The value of 3 BARCHESTON CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The June 1998 sale price of £51,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BARCHESTON CLOSE has not materially changed since June 1998.

How Large is 3 BARCHESTON CLOSE?

3 BARCHESTON CLOSE is 55m² according to the EPC inspection conducted in October 2019. 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 3 BARCHESTON CLOSE lies on this distribution: 2% of detached houses houses are smaller than 3 BARCHESTON CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Derby.

3 BARCHESTON CLOSE: Plot and Title Map

3 BARCHESTON CLOSE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 3 BARCHESTON 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 3 BARCHESTON 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 3 BARCHESTON CLOSE?

3 BARCHESTON CLOSE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 3 on BARCHESTON CLOSE.