4, WHEATSHEAF CLOSE, OAKWOOD, DERBY, DE21 2TZ - £300,000

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 WHEATSHEAF CLOSE is a midsized extended detached house of 105m², built sometime between 1991 and 1995, which could now be worth an estimated £341,471. It was last sold for £300,000 in October 2021, which was around 7% above the average October 2021 detached price in the City of Derby local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

4 WHEATSHEAF CLOSE Sold Prices

Land registry data shows three sales for 4 WHEATSHEAF 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 WHEATSHEAF 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
2021 8 OCT	£300,000	£279,237	7% above HPI
2014 11 APR	£242,500	£196,584	23% above HPI
2002 8 MAY	£123,000	£105,051	17% above HPI

4 WHEATSHEAF 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 WHEATSHEAF CLOSE sales between May 2002 and October 2021 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 April 2014 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the October 2021 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 4 WHEATSHEAF CLOSE be worth now?

4 WHEATSHEAF CLOSE might now be worth an estimated £341,471.

This is based on house price inflation of 13.8%, between October 2021 and June 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 13.8% inflationary increase is applied to the most recent sale price for 4 WHEATSHEAF CLOSE of £300,000 on 8th October 2021. For the value to have increased from £300,000 to £341,471 over the four years and four months to June 2025, the following assumptions must hold true:

• The value of 4 WHEATSHEAF CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The October 2021 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 4 WHEATSHEAF CLOSE has not materially changed since October 2021.

How Large is 4 WHEATSHEAF CLOSE?

4 WHEATSHEAF CLOSE is 105m², which includes one extension, according to the EPC inspection conducted in January 2012. 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 WHEATSHEAF CLOSE lies on this distribution: 47% of detached houses houses are smaller than 4 WHEATSHEAF CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Derby.

4 WHEATSHEAF CLOSE: Plot and Title Map

4 WHEATSHEAF CLOSE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 4 WHEATSHEAF 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 WHEATSHEAF 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 WHEATSHEAF CLOSE?

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