3, SKIPNESS CLOSE, CHELLASTON, DERBY, DE73 5YF - £183,000

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 SKIPNESS CLOSE is a very small detached house of 70m², built sometime between 2003 and 2006, which could now be worth an estimated £242,473. It was last sold for £183,000 in May 2019, which was around 25% below the average May 2019 detached price in the City of Derby local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

3 SKIPNESS CLOSE Sold Prices

Land registry data shows three sales for 3 SKIPNESS 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 SKIPNESS 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 30 MAY	£183,000	£243,529	25% below HPI
2005 8 APR	£135,000	£187,645	28% below HPI
2003 30 JUN	£123,995	£141,667	12% below HPI

3 SKIPNESS 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 SKIPNESS CLOSE sales between June 2003 and May 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 April 2005 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2019 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 3 SKIPNESS CLOSE be worth now?

3 SKIPNESS CLOSE might now be worth an estimated £242,473.

This is based on house price inflation of 32.5%, between May 2019 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 32.5% inflationary increase is applied to the most recent sale price for 3 SKIPNESS CLOSE of £183,000 on 30th May 2019. For the value to have increased from £183,000 to £242,473 over the four years and five months to December 2024, the following assumptions must hold true:

• The value of 3 SKIPNESS CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The May 2019 sale price of £183,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SKIPNESS CLOSE has not materially changed since May 2019.

How Large is 3 SKIPNESS CLOSE?

3 SKIPNESS CLOSE is 70m² according to the EPC inspection conducted in June 2024. 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 SKIPNESS CLOSE lies on this distribution: 11% of detached houses houses are smaller than 3 SKIPNESS CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Derby.

3 SKIPNESS CLOSE: Plot and Title Map

3 SKIPNESS CLOSE sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 3 SKIPNESS 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 SKIPNESS 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 SKIPNESS CLOSE?

3 SKIPNESS CLOSE is located in CHELLASTON, in the DE73 postcode district. The below map shows the position of No. 3 on SKIPNESS CLOSE.