5, REALM CLOSE, CHELLASTON, DERBY, DE73 5WT - £282,500

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 REALM CLOSE is a large detached house of 128m², built sometime between 1996 and 2002, which could now be worth an estimated £438,326. It was last sold for £282,500 in September 2014, which was around 36% above the average September 2014 detached price in the City of Derby local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

5 REALM CLOSE Sold Prices

Land registry data shows four sales for 5 REALM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the four 5 REALM 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
2014 1 SEP	£282,500	£207,962	36% above HPI
2006 26 MAY	£245,000	£195,580	25% above HPI
2002 18 OCT	£187,950	£124,244	51% above HPI
2001 20 DEC	£156,995	£99,760	57% above HPI

5 REALM 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 four 5 REALM CLOSE sales between December 2001 and September 2014 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 May 2006 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the September 2014 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 5 REALM CLOSE be worth now?

5 REALM CLOSE might now be worth an estimated £438,326.

This is based on house price inflation of 55.2%, between September 2014 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 55.2% inflationary increase is applied to the most recent sale price for 5 REALM CLOSE of £282,500 on 1st September 2014. For the value to have increased from £282,500 to £438,326 over the nine years and nine months to December 2024, the following assumptions must hold true:

• The value of 5 REALM CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The September 2014 sale price of £282,500 represented a fair market value for the property.
• The size, condition, and specification of 5 REALM CLOSE has not materially changed since September 2014.

How Large is 5 REALM CLOSE?

5 REALM CLOSE is 128m² according to the EPC inspection conducted in July 2014. This puts it in the largest 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 5 REALM CLOSE lies on this distribution: 71% of detached houses houses are smaller than 5 REALM CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Derby.

5 REALM CLOSE: Plot and Title Map

5 REALM CLOSE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 5 REALM 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 REALM 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 REALM CLOSE?

5 REALM CLOSE is located in CHELLASTON, in the DE73 postcode district. The below map shows the position of No. 5 on REALM CLOSE.