Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources
5 ORCHARD CLOSE is a very small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £270,000 in October 2023, which was around 12% below the average October 2023 detached price in the City of Derby local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 5 ORCHARD CLOSE since 1st 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 5 ORCHARD 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 |
---|---|---|---|
2023 26 OCT | £270,000 | £307,442 | ![]() 12% below HPI |
2019 29 MAR | £200,000 | £243,279 | ![]() 18% below HPI |
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 ORCHARD CLOSE sales from March 2019 and October 2023 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 March 2019 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2023 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.
5 ORCHARD CLOSE is 74m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 20% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 5 ORCHARD CLOSE lies on this distribution: 14% of detached houses are smaller than 5 ORCHARD CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Derby.
5 ORCHARD CLOSE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 5 ORCHARD 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 ORCHARD 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.
5 ORCHARD CLOSE is located in LITTLEOVER, in the DE23 postcode district. The below map shows the position of No. 5 on ORCHARD CLOSE.