5, PENNYCRESS CLOSE, LITTLEOVER, DERBY, DE23 3WS - £412,000

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

5 PENNYCRESS CLOSE is a very large extended detached house of 171m², built sometime between 1983 and 1990. It was last sold for £412,000 in February 2021, which was around 54% above the average February 2021 detached price in the City of Derby local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

5 PENNYCRESS CLOSE Sold Prices

Land registry data shows three sales for 5 PENNYCRESS 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 5 PENNYCRESS 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 19 FEB	£412,000	£267,201	54% above HPI
2001 12 DEC	£180,950	£99,760	81% above HPI
1995 30 NOV	£128,995	£61,180	111% above HPI

5 PENNYCRESS 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 5 PENNYCRESS CLOSE sales between November 1995 and February 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 December 2001 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the February 2021 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 5 PENNYCRESS CLOSE be worth now?

5 PENNYCRESS CLOSE might now be worth an estimated £497,533.

This is based on house price inflation of 20.8%, between February 2021 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 20.8% inflationary increase is applied to the most recent sale price for 5 PENNYCRESS CLOSE of £412,000 on 19th February 2021. For the value to have increased from £412,000 to £497,533 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 5 PENNYCRESS CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The February 2021 sale price of £412,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PENNYCRESS CLOSE has not materially changed since February 2021.

How Large is 5 PENNYCRESS CLOSE?

5 PENNYCRESS CLOSE is 171m², which includes three extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 10% 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 PENNYCRESS CLOSE lies on this distribution: 90% of detached houses houses are smaller than 5 PENNYCRESS CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Derby.

5 PENNYCRESS CLOSE: Plot and Title Map

5 PENNYCRESS CLOSE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 5 PENNYCRESS 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 PENNYCRESS 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 PENNYCRESS CLOSE?

5 PENNYCRESS CLOSE is located in LITTLEOVER, in the DE23 postcode district. The below map shows the position of No. 5 on PENNYCRESS CLOSE.