4, CROFT CLOSE, OCKBROOK, DERBY, DE72 3RR - £425,000

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

4 CROFT CLOSE is a midsized detached house of 99m², built sometime between 1967 and 1975, which could now be worth an estimated £420,531. It was last sold for £425,000 in February 2023, which was around 30% above the average February 2023 detached price in the Erewash 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.

4 CROFT CLOSE Sold Prices

Land registry data shows two sales for 4 CROFT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two 4 CROFT 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
2023 8 FEB	£425,000	£325,888	30% above HPI
2006 8 NOV	£234,000	£187,399	25% above HPI

4 CROFT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 4 CROFT CLOSE sales from November 2006 and February 2023 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 November 2006 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the February 2023 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 4 CROFT CLOSE be worth now?

4 CROFT CLOSE might now be worth an estimated £420,531.

This is based on house price deflation of 1.1%, between February 2023 and December 2024, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.1% deflationary decrease is applied to the most recent sale price for 4 CROFT CLOSE of £425,000 on 8th February 2023. For the value to have decreased from £425,000 to £420,531 over the two months to December 2024, the following assumptions must hold true:

• The value of 4 CROFT CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The February 2023 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CROFT CLOSE has not materially changed since February 2023.

How Large is 4 CROFT CLOSE?

4 CROFT CLOSE is 99m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 50% of detached houses houses in Ockbrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ockbrook, and where 4 CROFT CLOSE lies on this distribution: 48% of detached houses houses are smaller than 4 CROFT CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Ockbrook.

4 CROFT CLOSE: Plot and Title Map

4 CROFT CLOSE sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 4 CROFT 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 CROFT 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 CROFT CLOSE?

4 CROFT CLOSE is located in OCKBROOK, in the DE72 postcode district. The below map shows the position of No. 4 on CROFT CLOSE.