4, GRASSTHORPE CLOSE, OAKWOOD, DERBY, DE21 4RW - £150,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 GRASSTHORPE CLOSE is a very small semi-detached house of 60m², built sometime between 1991 and 1995, which could now be worth an estimated £229,657. It was last sold for £150,000 in August 2015, which was around 10% above the average August 2015 semi-detached price in the City of Derby local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

4 GRASSTHORPE CLOSE Sold Prices

Land registry data shows two sales for 4 GRASSTHORPE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the City of Derby local authority area for the corresponding sale date. One of the two 4 GRASSTHORPE CLOSE sales was for above the average price, whilst the other was 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
2015 14 AUG	£150,000	£136,419	10% above HPI
2011 7 OCT	£117,000	£118,487	1% below HPI

4 GRASSTHORPE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the City of Derby local authority area over time, sourced from the HPI. The two 4 GRASSTHORPE CLOSE sales from October 2011 and August 2015 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 2011 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2015 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 4 GRASSTHORPE CLOSE be worth now?

4 GRASSTHORPE CLOSE might now be worth an estimated £229,657.

This is based on house price inflation of 53.1%, between August 2015 and February 2025, for semi-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 53.1% inflationary increase is applied to the most recent sale price for 4 GRASSTHORPE CLOSE of £150,000 on 14th August 2015. For the value to have increased from £150,000 to £229,657 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 4 GRASSTHORPE CLOSE has moved in line with the HPI for semi-detached houses in the City of Derby local authority area.
• The August 2015 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GRASSTHORPE CLOSE has not materially changed since August 2015.

How Large is 4 GRASSTHORPE CLOSE?

4 GRASSTHORPE CLOSE is 60m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% of semi-detached houses houses in Derby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Derby, and where 4 GRASSTHORPE CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 4 GRASSTHORPE CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Derby.

4 GRASSTHORPE CLOSE: Plot and Title Map

4 GRASSTHORPE CLOSE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 4 GRASSTHORPE 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 GRASSTHORPE 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 GRASSTHORPE CLOSE?

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