4, TIBER CLOSE, ALVASTON, DERBY, DE24 0TQ - £125,000

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 TIBER CLOSE is a very small detached house of 71m², built sometime between 1976 and 1982, which could now be worth an estimated £239,616. It was last sold for £125,000 in May 2009, which was around 26% below the average May 2009 detached price in the City of Derby local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

4 TIBER CLOSE Sold Prices

Land registry data shows two sales for 4 TIBER 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 TIBER 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
2009 6 MAY	£125,000	£168,328	26% below HPI
2001 25 JAN	£58,000	£86,667	33% below HPI

4 TIBER 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 TIBER CLOSE sales from January 2001 and May 2009 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 January 2001 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2009 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 4 TIBER CLOSE be worth now?

4 TIBER CLOSE might now be worth an estimated £239,616.

This is based on house price inflation of 91.7%, between May 2009 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 91.7% inflationary increase is applied to the most recent sale price for 4 TIBER CLOSE of £125,000 on 6th May 2009. For the value to have increased from £125,000 to £239,616 over the fourteen years and five months to December 2024, the following assumptions must hold true:

• The value of 4 TIBER CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The May 2009 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 4 TIBER CLOSE has not materially changed since May 2009.

How Large is 4 TIBER CLOSE?

4 TIBER CLOSE is 71m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 20% 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 TIBER CLOSE lies on this distribution: 12% of detached houses houses are smaller than 4 TIBER CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Derby.

4 TIBER CLOSE: Plot and Title Map

4 TIBER CLOSE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 4 TIBER 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 TIBER 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 TIBER CLOSE?

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