3, CHERRY CLOSE, MICKLEOVER, DERBY, DE3 9DD - £433,000

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 CHERRY CLOSE is a very large detached house of 150m², built sometime from 2007 onwards. It was last sold for £433,000 in August 2019, which was around 76% above the average August 2019 detached price in the City of Derby local authority area. The most recent EPC inspection was January 2010, where the current energy rating was C, and the potential energy rating was C.

3 CHERRY CLOSE Sold Prices

Land registry data shows three sales for 3 CHERRY 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 CHERRY 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 8 AUG	£433,000	£246,642	76% above HPI
2019 12 JUL	£430,000	£243,802	76% above HPI
2006 11 SEP	£315,000	£196,097	61% above HPI

3 CHERRY 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 CHERRY CLOSE sales between September 2006 and August 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 2019 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the August 2019 sale, which was also at 76% above the HPI.

How Large is 3 CHERRY CLOSE?

3 CHERRY CLOSE is 150m² according to the EPC inspection conducted in January 2010. 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 CHERRY CLOSE lies on this distribution: 84% of detached houses are smaller than 3 CHERRY CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Derby.

3 CHERRY CLOSE: Plot and Title Map

3 CHERRY CLOSE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 3 CHERRY 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 CHERRY 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 CHERRY CLOSE?

3 CHERRY CLOSE is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 3 on CHERRY CLOSE.