31, DEACON CLOSE, OAKWOOD, DERBY, DE21 2BJ - £291,000

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

31 DEACON CLOSE is a very small detached house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £312,511. It was last sold for £291,000 in August 2022, which was around 3% below the average August 2022 detached price in the City of Derby local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

31 DEACON CLOSE Sold Prices

Land registry data shows five sales for 31 DEACON CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the five 31 DEACON 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
2022 24 AUG	£291,000	£300,463	3% below HPI
2007 23 FEB	£160,000	£204,782	22% below HPI
2005 22 MAR	£146,500	£187,960	22% below HPI
2001 14 MAR	£79,995	£86,457	7% below HPI
1996 6 SEP	£50,000	£64,388	22% below HPI

31 DEACON 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 five 31 DEACON CLOSE sales between September 1996 and August 2022 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 February 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 31 DEACON CLOSE be worth now?

31 DEACON CLOSE might now be worth an estimated £312,511.

This is based on house price inflation of 7.4%, between August 2022 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 7.4% inflationary increase is applied to the most recent sale price for 31 DEACON CLOSE of £291,000 on 24th August 2022. For the value to have increased from £291,000 to £312,511 over the one year and eight months to December 2024, the following assumptions must hold true:

• The value of 31 DEACON CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The August 2022 sale price of £291,000 represented a fair market value for the property.
• The size, condition, and specification of 31 DEACON CLOSE has not materially changed since August 2022.

How Large is 31 DEACON CLOSE?

31 DEACON CLOSE is 69m² according to the EPC inspection conducted in May 2022. 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 31 DEACON CLOSE lies on this distribution: 10% of detached houses houses are smaller than 31 DEACON CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Derby.

31 DEACON CLOSE: Plot and Title Map

31 DEACON CLOSE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 31 DEACON 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 31 DEACON 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 31 DEACON CLOSE?

31 DEACON CLOSE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 31 on DEACON CLOSE.