6, CHIME CLOSE, OAKWOOD, DERBY, DE21 2DD - £167,500

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

6 CHIME CLOSE is a very small detached house of 68m², built sometime between 1983 and 1990, which could now be worth an estimated £284,828. It was last sold for £167,500 in November 2013, which was around 12% below the average November 2013 detached price in the City of Derby local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

6 CHIME CLOSE Sold Prices

Land registry data shows two sales for 6 CHIME 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 CHIME 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
2013 7 NOV	£167,500	£189,756	12% below HPI
1996 12 JAN	£49,000	£63,459	23% below HPI

6 CHIME 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 CHIME CLOSE sales from January 1996 and November 2013 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 January 1996 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2013 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 6 CHIME CLOSE be worth now?

6 CHIME CLOSE might now be worth an estimated £284,828.

This is based on house price inflation of 70%, between November 2013 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 70% inflationary increase is applied to the most recent sale price for 6 CHIME CLOSE of £167,500 on 7th November 2013. For the value to have increased from £167,500 to £284,828 over the ten years and eleven months to December 2024, the following assumptions must hold true:

• The value of 6 CHIME CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The November 2013 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 6 CHIME CLOSE has not materially changed since November 2013.

How Large is 6 CHIME CLOSE?

6 CHIME CLOSE is 68m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 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 CHIME CLOSE lies on this distribution: 9% of detached houses houses are smaller than 6 CHIME CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Derby.

6 CHIME CLOSE: Plot and Title Map

6 CHIME CLOSE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 6 CHIME 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 CHIME 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 CHIME CLOSE?

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