3, BYFIELD CLOSE, OAKWOOD, DERBY, DE21 2PS - £225,000

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

3 BYFIELD CLOSE is a very small detached house of 65m², built sometime between 1991 and 1995. It was last sold for £225,000 in April 2019, which was around 8% below the average April 2019 detached price in the City of Derby local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

3 BYFIELD CLOSE Sold Prices

Land registry data shows four sales for 3 BYFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the four 3 BYFIELD 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
2019 12 APR	£225,000	£245,522	8% below HPI
2013 25 JUL	£176,500	£194,231	9% below HPI
2006 19 OCT	£179,995	£197,873	9% below HPI
1998 29 MAY	£59,950	£68,046	12% below HPI

3 BYFIELD 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 four 3 BYFIELD CLOSE sales between May 1998 and April 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 July 2013 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2019 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 3 BYFIELD CLOSE?

3 BYFIELD CLOSE is 65m² according to the EPC inspection conducted in December 2023. This puts it in the smallest 10% 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 BYFIELD CLOSE lies on this distribution: 7% of detached houses are smaller than 3 BYFIELD CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Derby.

3 BYFIELD CLOSE: Plot and Title Map

3 BYFIELD CLOSE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 3 BYFIELD 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 BYFIELD 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 BYFIELD CLOSE?

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