3, BOWBANK CLOSE, LITTLEOVER, DERBY, DE23 3YE - £395,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 BOWBANK CLOSE is a very large detached house of 154m², built sometime between 1996 and 2002. It was last sold for £395,000 in November 2019, which was around 62% above the average November 2019 detached price in the City of Derby local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

3 BOWBANK CLOSE Sold Prices

Land registry data shows three sales for 3 BOWBANK 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 3 BOWBANK 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
2019 26 NOV	£395,000	£243,787	62% above HPI
2011 5 SEP	£291,000	£189,677	53% above HPI
2000 25 AUG	£137,995	£82,858	67% above HPI

3 BOWBANK 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 3 BOWBANK CLOSE sales between August 2000 and November 2019 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 2011 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the November 2019 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is 3 BOWBANK CLOSE?

3 BOWBANK CLOSE is 154m² according to the EPC inspection conducted in July 2011. This puts it in the largest 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 3 BOWBANK CLOSE lies on this distribution: 86% of detached houses are smaller than 3 BOWBANK CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Derby.

3 BOWBANK CLOSE: Plot and Title Map

3 BOWBANK CLOSE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 3 BOWBANK 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 BOWBANK 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 BOWBANK CLOSE?

3 BOWBANK CLOSE is located in LITTLEOVER, in the DE23 postcode district. The below map shows the position of No. 3 on BOWBANK CLOSE.