4, HORNBEAM CLOSE, OAKWOOD, DERBY, DE21 2DJ - £168,500

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 HORNBEAM CLOSE is a midsized extended detached house of 102m², built sometime between 1983 and 1990, which could now be worth an estimated £293,854. It was last sold for £168,500 in September 2004, which was around 9% below the average September 2004 detached price in the City of Derby local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

4 HORNBEAM CLOSE Sold Prices

Land registry data shows three sales for 4 HORNBEAM 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 HORNBEAM 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
2004 23 SEP	£168,500	£185,025	9% below HPI
1999 25 JUN	£69,000	£71,590	4% below HPI
1995 29 SEP	£59,950	£61,799	3% below HPI

4 HORNBEAM 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 HORNBEAM CLOSE sales between September 1995 and September 2004 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 June 1999 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2004 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 4 HORNBEAM CLOSE be worth now?

4 HORNBEAM CLOSE might now be worth an estimated £293,854.

This is based on house price inflation of 74.4%, between September 2004 and December 2024, 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 74.4% inflationary increase is applied to the most recent sale price for 4 HORNBEAM CLOSE of £168,500 on 23rd September 2004. For the value to have increased from £168,500 to £293,854 over the nineteen years and nine months to December 2024, the following assumptions must hold true:

• The value of 4 HORNBEAM CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The September 2004 sale price of £168,500 represented a fair market value for the property.
• The size, condition, and specification of 4 HORNBEAM CLOSE has not materially changed since September 2004.

How Large is 4 HORNBEAM CLOSE?

4 HORNBEAM CLOSE is 102m², which includes two extensions, according to the EPC inspection conducted in September 2011. This puts it in the smallest 50% 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 HORNBEAM CLOSE lies on this distribution: 44% of detached houses houses are smaller than 4 HORNBEAM CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Derby.

4 HORNBEAM CLOSE: Plot and Title Map

4 HORNBEAM CLOSE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 4 HORNBEAM 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 HORNBEAM 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 HORNBEAM CLOSE?

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