6, CARDINAL CLOSE, OAKWOOD, DERBY, DE21 4TH - £395,000

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.

6 CARDINAL CLOSE is a very large detached house of 215m², built sometime between 1996 and 2002, which could now be worth an estimated £512,788. It was last sold for £395,000 in November 2018, which was around 61% above the average November 2018 detached price in the City of Derby local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was C.

6 CARDINAL CLOSE Sold Prices

Land registry data shows two sales for 6 CARDINAL 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 6 CARDINAL 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
2018 30 NOV	£395,000	£244,730	61% above HPI
1999 9 APR	£222,500	£69,733	219% above HPI

6 CARDINAL 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 6 CARDINAL CLOSE sales from April 1999 and November 2018 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 April 1999 sale was for 219% above the HPI. So the extrapolation line tracks at 219% above the HPI over time, until the November 2018 sale, where it falls to 61% above the HPI. The line then continues to track at 61% above the HPI.

What might 6 CARDINAL CLOSE be worth now?

6 CARDINAL CLOSE might now be worth an estimated £512,788.

This is based on house price inflation of 29.8%, between November 2018 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 29.8% inflationary increase is applied to the most recent sale price for 6 CARDINAL CLOSE of £395,000 on 30th November 2018. For the value to have increased from £395,000 to £512,788 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 6 CARDINAL CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The November 2018 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 6 CARDINAL CLOSE has not materially changed since November 2018.

How Large is 6 CARDINAL CLOSE?

6 CARDINAL CLOSE is 215m² according to the EPC inspection conducted in August 2013. 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 6 CARDINAL CLOSE lies on this distribution: 97% of detached houses houses are smaller than 6 CARDINAL CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Derby.

6 CARDINAL CLOSE: Plot and Title Map

6 CARDINAL CLOSE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 6 CARDINAL 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 6 CARDINAL 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 6 CARDINAL CLOSE?

6 CARDINAL CLOSE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 6 on CARDINAL CLOSE.