38, CRANHILL CLOSE, LITTLEOVER, DERBY, DE23 3XU - £173,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

38 CRANHILL CLOSE is a very small detached house of 70m², built sometime between 1996 and 2002. It was last sold for £173,000 in February 2020, which was around 30% below the average February 2020 detached price in the City of Derby local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

38 CRANHILL CLOSE Sold Prices

Land registry data shows four sales for 38 CRANHILL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the four 38 CRANHILL 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
2020 28 FEB	£173,000	£246,223	30% below HPI
2003 10 OCT	£129,950	£157,576	18% below HPI
2000 1 DEC	£73,500	£85,688	14% below HPI
1999 27 AUG	£59,950	£73,374	18% below HPI

38 CRANHILL 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 four 38 CRANHILL CLOSE sales between August 1999 and February 2020 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 October 2003 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 38 CRANHILL CLOSE?

38 CRANHILL CLOSE is 70m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 38 CRANHILL CLOSE lies on this distribution: 11% of detached houses are smaller than 38 CRANHILL CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Derby.

38 CRANHILL CLOSE: Plot and Title Map

38 CRANHILL CLOSE sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 38 CRANHILL 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 38 CRANHILL 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 38 CRANHILL CLOSE?

38 CRANHILL CLOSE is located in LITTLEOVER, in the DE23 postcode district. The below map shows the position of No. 38 on CRANHILL CLOSE.