3, NUTWOOD CLOSE, DARLEY ABBEY, DERBY, DE22 1JW - £395,000

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 NUTWOOD CLOSE is a very small detached house of 74m², built sometime between 1996 and 2002, which could now be worth an estimated £409,478. It was last sold for £395,000 in January 2024, which was around 27% above the average January 2024 detached price in the City of Derby local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

3 NUTWOOD CLOSE Sold Prices

Land registry data shows two sales for 3 NUTWOOD 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 NUTWOOD 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
2024 30 JAN	£395,000	£311,264	27% above HPI
2015 18 SEP	£350,000	£215,168	63% above HPI

3 NUTWOOD 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 NUTWOOD CLOSE sales from September 2015 and January 2024 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 September 2015 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the January 2024 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 3 NUTWOOD CLOSE be worth now?

3 NUTWOOD CLOSE might now be worth an estimated £409,478.

This is based on house price inflation of 3.7%, between January 2024 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 3.7% inflationary increase is applied to the most recent sale price for 3 NUTWOOD CLOSE of £395,000 on 30th January 2024. For the value to have increased from £395,000 to £409,478 over the one month to December 2024, the following assumptions must hold true:

• The value of 3 NUTWOOD CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The January 2024 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 3 NUTWOOD CLOSE has not materially changed since January 2024.

How Large is 3 NUTWOOD CLOSE?

3 NUTWOOD CLOSE is 74m² according to the EPC inspection conducted in July 2023. 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 NUTWOOD CLOSE lies on this distribution: 14% of detached houses houses are smaller than 3 NUTWOOD CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Derby.

3 NUTWOOD CLOSE: Plot and Title Map

3 NUTWOOD CLOSE sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 3 NUTWOOD 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 NUTWOOD 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 NUTWOOD CLOSE?

3 NUTWOOD CLOSE is located in DARLEY ABBEY, in the DE22 postcode district. The below map shows the position of No. 3 on NUTWOOD CLOSE.