3, ELAND CLOSE, SPONDON, DERBY, DE21 7TE - £247,000

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 ELAND CLOSE is a very small detached house of 65m², built sometime between 1983 and 1990. It was last sold for £247,000 in October 2022, which was around 18% below the average October 2022 detached price in the City of Derby local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

3 ELAND CLOSE Sold Prices

Land registry data shows three sales for 3 ELAND 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 ELAND 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
2022 7 OCT	£247,000	£302,519	18% below HPI
2001 16 MAR	£84,950	£86,337	2% below HPI
1996 23 FEB	£57,000	£63,476	10% below HPI

3 ELAND 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 ELAND CLOSE sales between February 1996 and October 2022 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 March 2001 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 3 ELAND CLOSE?

3 ELAND CLOSE is 65m² according to the EPC inspection conducted in April 2022. 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 ELAND CLOSE lies on this distribution: 7% of detached houses are smaller than 3 ELAND CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Derby.

3 ELAND CLOSE: Plot and Title Map

3 ELAND CLOSE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 3 ELAND 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 ELAND 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 ELAND CLOSE?

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