3, LORRAINE CLOSE, SHELTON LOCK, DERBY, DE24 9EX - £157,000

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 LORRAINE CLOSE is a very small detached house of 51m², built sometime between 1967 and 1975. It was last sold for £157,000 in November 2019, which was around 36% below the average November 2019 detached price in the City of Derby local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

3 LORRAINE CLOSE Sold Prices

Land registry data shows four sales for 3 LORRAINE 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 LORRAINE 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 8 NOV	£157,000	£243,787	36% below HPI
2018 8 JUN	£135,000	£237,693	43% below HPI
2005 2 JUN	£135,000	£186,234	28% below HPI
2004 2 AUG	£112,500	£179,899	37% below HPI

3 LORRAINE 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 LORRAINE CLOSE sales between August 2004 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 June 2018 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the November 2019 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 3 LORRAINE CLOSE?

3 LORRAINE CLOSE is 51m² according to the EPC inspection conducted in October 2010. 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 LORRAINE CLOSE lies on this distribution: 1% of detached houses are smaller than 3 LORRAINE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Derby.

3 LORRAINE CLOSE: Plot and Title Map

3 LORRAINE CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 3 LORRAINE 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 LORRAINE 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 LORRAINE CLOSE?

3 LORRAINE CLOSE is located in SHELTON LOCK, in the DE24 postcode district. The below map shows the position of No. 3 on LORRAINE CLOSE.