3, LINNET CLOSE, SPONDON, DERBY, DE21 7TJ - £238,500

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 LINNET CLOSE is a very small extended detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £272,202. It was last sold for £238,500 in December 2021, which was around 16% below the average December 2021 detached price in the City of Derby local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

3 LINNET CLOSE Sold Prices

Land registry data shows two sales for 3 LINNET 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 LINNET 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
2021 3 DEC	£238,500	£282,722	16% below HPI
2002 10 MAY	£93,000	£105,051	11% below HPI

3 LINNET 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 LINNET CLOSE sales from May 2002 and December 2021 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 2002 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 3 LINNET CLOSE be worth now?

3 LINNET CLOSE might now be worth an estimated £272,202.

This is based on house price inflation of 14.1%, between December 2021 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 14.1% inflationary increase is applied to the most recent sale price for 3 LINNET CLOSE of £238,500 on 3rd December 2021. For the value to have increased from £238,500 to £272,202 over the three years to December 2024, the following assumptions must hold true:

• The value of 3 LINNET CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The December 2021 sale price of £238,500 represented a fair market value for the property.
• The size, condition, and specification of 3 LINNET CLOSE has not materially changed since December 2021.

How Large is 3 LINNET CLOSE?

3 LINNET CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% 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 LINNET CLOSE lies on this distribution: 14% of detached houses houses are smaller than 3 LINNET CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Derby.

3 LINNET CLOSE: Plot and Title Map

3 LINNET CLOSE sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 3 LINNET 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 LINNET 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 LINNET CLOSE?

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