43, HALLGATE CLOSE, OAKWOOD, DERBY, DE21 2QY - £230,000

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.

43 HALLGATE CLOSE is a small extended detached house of 83m², built sometime between 1991 and 1995, which could now be worth an estimated £300,779. It was last sold for £230,000 in February 2019, which was around 5% below the average February 2019 detached price in the City of Derby local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

43 HALLGATE CLOSE Sold Prices

Land registry data shows three sales for 43 HALLGATE 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. Two of the three 43 HALLGATE CLOSE sales were for below the average price, whilst one was 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
2019 11 FEB	£230,000	£242,945	5% below HPI
2017 20 FEB	£190,000	£230,095	17% below HPI
1999 24 SEP	£89,995	£75,966	18% above HPI

43 HALLGATE 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 43 HALLGATE CLOSE sales between September 1999 and February 2019 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 February 2017 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2019 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 43 HALLGATE CLOSE be worth now?

43 HALLGATE CLOSE might now be worth an estimated £300,779.

This is based on house price inflation of 30.8%, between February 2019 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 30.8% inflationary increase is applied to the most recent sale price for 43 HALLGATE CLOSE of £230,000 on 11th February 2019. For the value to have increased from £230,000 to £300,779 over the six years to February 2025, the following assumptions must hold true:

• The value of 43 HALLGATE CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The February 2019 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 43 HALLGATE CLOSE has not materially changed since February 2019.

How Large is 43 HALLGATE CLOSE?

43 HALLGATE CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 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 43 HALLGATE CLOSE lies on this distribution: 23% of detached houses houses are smaller than 43 HALLGATE CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Derby.

43 HALLGATE CLOSE: Plot and Title Map

43 HALLGATE CLOSE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 43 HALLGATE 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 43 HALLGATE 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 43 HALLGATE CLOSE?

43 HALLGATE CLOSE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 43 on HALLGATE CLOSE.