3, REGIS CLOSE, OAKWOOD, DERBY, DE21 2QL - £166,250

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 REGIS CLOSE is a small detached house of 81m², built sometime between 1991 and 1995, which could now be worth an estimated £296,571. It was last sold for £166,250 in April 2012, which was around 8% below the average April 2012 detached price in the City of Derby local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was D.

3 REGIS CLOSE Sold Prices

Land registry data shows three sales for 3 REGIS 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 REGIS 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
2012 5 APR	£166,250	£180,882	8% below HPI
2006 18 AUG	£177,000	£195,362	9% below HPI
1998 24 APR	£59,999	£67,532	11% below HPI

3 REGIS 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 REGIS CLOSE sales between April 1998 and April 2012 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 August 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2012 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 3 REGIS CLOSE be worth now?

3 REGIS CLOSE might now be worth an estimated £296,571.

This is based on house price inflation of 78.4%, between April 2012 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 78.4% inflationary increase is applied to the most recent sale price for 3 REGIS CLOSE of £166,250 on 5th April 2012. For the value to have increased from £166,250 to £296,571 over the eleven years and four months to December 2024, the following assumptions must hold true:

• The value of 3 REGIS CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The April 2012 sale price of £166,250 represented a fair market value for the property.
• The size, condition, and specification of 3 REGIS CLOSE has not materially changed since April 2012.

How Large is 3 REGIS CLOSE?

3 REGIS CLOSE is 81m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 30% 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 REGIS CLOSE lies on this distribution: 22% of detached houses houses are smaller than 3 REGIS CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Derby.

3 REGIS CLOSE: Plot and Title Map

3 REGIS CLOSE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 3 REGIS 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 REGIS 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 REGIS CLOSE?

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