5, HATCHMERE CLOSE, OAKWOOD, DERBY, DE21 2HP - £245,000

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.

5 HATCHMERE CLOSE is a midsized extended detached house of 106m², built sometime between 1996 and 2002, which could now be worth an estimated £292,240. It was last sold for £245,000 in April 2021, which was around 8% below the average April 2021 detached price in the City of Derby local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

5 HATCHMERE CLOSE Sold Prices

Land registry data shows two sales for 5 HATCHMERE 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. One of the two 5 HATCHMERE CLOSE sales was for below the average price, whilst the other 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
2021 16 APR	£245,000	£266,351	8% below HPI
2004 2 FEB	£170,000	£165,098	3% above HPI

5 HATCHMERE 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 5 HATCHMERE CLOSE sales from February 2004 and April 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 February 2004 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the April 2021 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 5 HATCHMERE CLOSE be worth now?

5 HATCHMERE CLOSE might now be worth an estimated £292,240.

This is based on house price inflation of 19.3%, between April 2021 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 19.3% inflationary increase is applied to the most recent sale price for 5 HATCHMERE CLOSE of £245,000 on 16th April 2021. For the value to have increased from £245,000 to £292,240 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 5 HATCHMERE CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The April 2021 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HATCHMERE CLOSE has not materially changed since April 2021.

How Large is 5 HATCHMERE CLOSE?

5 HATCHMERE CLOSE is 106m², which includes one extension, according to the EPC inspection conducted in November 2018. 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 5 HATCHMERE CLOSE lies on this distribution: 48% of detached houses houses are smaller than 5 HATCHMERE CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Derby.

5 HATCHMERE CLOSE: Plot and Title Map

5 HATCHMERE CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 5 HATCHMERE 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 5 HATCHMERE 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 5 HATCHMERE CLOSE?

5 HATCHMERE CLOSE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 5 on HATCHMERE CLOSE.