4, MEDINA CLOSE, ALVASTON, DERBY, DE24 0UD - £90,000

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 MEDINA CLOSE is a large extended detached house of 127m², built sometime between 1976 and 1982, which could now be worth an estimated £359,525. It was last sold for £90,000 in May 2000, which was around 13% above the average May 2000 detached price in the City of Derby local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

4 MEDINA CLOSE Sold Prices

Land registry data shows two sales for 4 MEDINA 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 City of Derby local authority area for the corresponding sale date. Both of the two 4 MEDINA 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
2000 12 MAY	£90,000	£79,532	13% above HPI
1998 11 AUG	£79,000	£70,605	12% above HPI

4 MEDINA 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 two 4 MEDINA CLOSE sales from August 1998 and May 2000 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 August 1998 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the May 2000 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 4 MEDINA CLOSE be worth now?

4 MEDINA CLOSE might now be worth an estimated £359,525.

This is based on house price inflation of 299.5%, between May 2000 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 299.5% inflationary increase is applied to the most recent sale price for 4 MEDINA CLOSE of £90,000 on 12th May 2000. For the value to have increased from £90,000 to £359,525 over the 25 years and three months to February 2025, the following assumptions must hold true:

• The value of 4 MEDINA CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The May 2000 sale price of £90,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MEDINA CLOSE has not materially changed since May 2000.

How Large is 4 MEDINA CLOSE?

4 MEDINA CLOSE is 127m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 30% 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 MEDINA CLOSE lies on this distribution: 70% of detached houses houses are smaller than 4 MEDINA CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Derby.

4 MEDINA CLOSE: Plot and Title Map

4 MEDINA CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 4 MEDINA 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 MEDINA 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 MEDINA CLOSE?

4 MEDINA CLOSE is located in ALVASTON, in the DE24 postcode district. The below map shows the position of No. 4 on MEDINA CLOSE.