4, HEDGEVALE CLOSE, LITTLEOVER, DERBY, DE23 3WP - £383,500

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 HEDGEVALE CLOSE is a very large extended detached house of 195m², built sometime between 2003 and 2006, which could now be worth an estimated £498,117. It was last sold for £383,500 in September 2018, which was around 57% above the average September 2018 detached price in the City of Derby local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was C.

4 HEDGEVALE CLOSE Sold Prices

Land registry data shows four sales for 4 HEDGEVALE 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 4 HEDGEVALE 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
2018 14 SEP	£383,500	£244,603	57% above HPI
2004 17 SEP	£292,500	£185,025	58% above HPI
2004 26 MAR	£280,000	£164,156	71% above HPI
2002 28 JUN	£210,950	£108,412	95% above HPI

4 HEDGEVALE 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 4 HEDGEVALE CLOSE sales between June 2002 and September 2018 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 September 2004 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the September 2018 sale, where it falls to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might 4 HEDGEVALE CLOSE be worth now?

4 HEDGEVALE CLOSE might now be worth an estimated £498,117.

This is based on house price inflation of 29.9%, between September 2018 and February 2025, 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 29.9% inflationary increase is applied to the most recent sale price for 4 HEDGEVALE CLOSE of £383,500 on 14th September 2018. For the value to have increased from £383,500 to £498,117 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 HEDGEVALE CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The September 2018 sale price of £383,500 represented a fair market value for the property.
• The size, condition, and specification of 4 HEDGEVALE CLOSE has not materially changed since September 2018.

How Large is 4 HEDGEVALE CLOSE?

4 HEDGEVALE CLOSE is 195m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the largest 10% 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 4 HEDGEVALE CLOSE lies on this distribution: 95% of detached houses houses are smaller than 4 HEDGEVALE CLOSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Derby.

4 HEDGEVALE CLOSE: Plot and Title Map

4 HEDGEVALE CLOSE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 4 HEDGEVALE 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 HEDGEVALE 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 HEDGEVALE CLOSE?

4 HEDGEVALE CLOSE is located in LITTLEOVER, in the DE23 postcode district. The below map shows the position of No. 4 on HEDGEVALE CLOSE.