3, LUDLOW CLOSE, SPONDON, DERBY, DE21 7RP - £167,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 LUDLOW CLOSE is a very small detached house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £245,545. It was last sold for £167,500 in April 2016, which was around 23% below the average April 2016 detached price in the City of Derby local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

3 LUDLOW CLOSE Sold Prices

Land registry data shows two sales for 3 LUDLOW 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 LUDLOW 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
2016 15 APR	£167,500	£216,815	23% below HPI
2005 16 NOV	£145,000	£188,476	23% below HPI

3 LUDLOW 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 LUDLOW CLOSE sales from November 2005 and April 2016 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 November 2005 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2016 sale, which was also at 23% below the HPI.

What might 3 LUDLOW CLOSE be worth now?

3 LUDLOW CLOSE might now be worth an estimated £245,545.

This is based on house price inflation of 46.6%, between April 2016 and June 2025, 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 46.6% inflationary increase is applied to the most recent sale price for 3 LUDLOW CLOSE of £167,500 on 15th April 2016. For the value to have increased from £167,500 to £245,545 over the eight years and ten months to June 2025, the following assumptions must hold true:

• The value of 3 LUDLOW CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The April 2016 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 3 LUDLOW CLOSE has not materially changed since April 2016.

How Large is 3 LUDLOW CLOSE?

3 LUDLOW CLOSE is 69m² according to the EPC inspection conducted in November 2015. 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 LUDLOW CLOSE lies on this distribution: 10% of detached houses houses are smaller than 3 LUDLOW CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Derby.

3 LUDLOW CLOSE: Plot and Title Map

3 LUDLOW CLOSE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 3 LUDLOW 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 LUDLOW 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 LUDLOW CLOSE?

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