4, CARDINAL CLOSE, OAKWOOD, DERBY, DE21 4TH - £437,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 CARDINAL CLOSE is a large detached house of 137m², built sometime between 1996 and 2002. It was last sold for £437,500 in June 2021, which was around 62% above the average June 2021 detached price in the City of Derby local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

4 CARDINAL CLOSE Sold Prices

Land registry data shows three sales for 4 CARDINAL 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 4 CARDINAL 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
2021 24 JUN	£437,500	£269,965	62% above HPI
2016 31 MAR	£355,000	£215,166	65% above HPI
1998 26 JUN	£148,450	£67,971	118% above HPI

4 CARDINAL 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 4 CARDINAL CLOSE sales between June 1998 and June 2021 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 March 2016 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the June 2021 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is 4 CARDINAL CLOSE?

4 CARDINAL CLOSE is 137m² according to the EPC inspection conducted in March 2021. This puts it in the largest 30% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 4 CARDINAL CLOSE lies on this distribution: 79% of detached houses are smaller than 4 CARDINAL CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Derby.

4 CARDINAL CLOSE: Plot and Title Map

4 CARDINAL CLOSE sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 4 CARDINAL 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 4 CARDINAL 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 4 CARDINAL CLOSE?

4 CARDINAL CLOSE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 4 on CARDINAL CLOSE.