5, VETCHFIELD CLOSE, SINFIN, DERBY, DE24 3LD - £190,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 VETCHFIELD CLOSE is a small detached house of 97m², built sometime between 1991 and 1995. It was last sold for £190,000 in December 2014, which was around 7% below the average December 2014 detached price in the City of Derby local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

5 VETCHFIELD CLOSE Sold Prices

Land registry data shows two sales for 5 VETCHFIELD 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. Both of the two 5 VETCHFIELD 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
2014 19 DEC	£190,000	£205,301	7% below HPI
2004 21 JUN	£165,000	£176,273	6% below HPI

5 VETCHFIELD 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 VETCHFIELD CLOSE sales from June 2004 and December 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 June 2004 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2014 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 5 VETCHFIELD CLOSE?

5 VETCHFIELD CLOSE is 97m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 40% 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 VETCHFIELD CLOSE lies on this distribution: 39% of detached houses are smaller than 5 VETCHFIELD CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Derby.

5 VETCHFIELD CLOSE: Plot and Title Map

5 VETCHFIELD CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 5 VETCHFIELD 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 VETCHFIELD 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 VETCHFIELD CLOSE?

5 VETCHFIELD CLOSE is located in SINFIN, in the DE24 postcode district. The below map shows the position of No. 5 on VETCHFIELD CLOSE.