6, MEADOW CLOSE, SPONDON, DERBY, DE21 7GS - £159,000

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

6 MEADOW CLOSE is a very small detached house of 68m², built sometime between 1967 and 1975. It was last sold for £159,000 in November 2023, which was around 48% below the average November 2023 detached price in the City of Derby local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

6 MEADOW CLOSE Sold Prices

Land registry data shows two sales for 6 MEADOW 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 MEADOW 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
2023 23 NOV	£159,000	£305,716	48% below HPI
2023 6 SEP	£140,000	£310,358	55% below HPI

6 MEADOW 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 MEADOW CLOSE sales from September 2023 and November 2023 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 September 2023 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the November 2023 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 6 MEADOW CLOSE?

6 MEADOW CLOSE is 68m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 10% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 6 MEADOW CLOSE lies on this distribution: 9% of detached houses are smaller than 6 MEADOW CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Derby.

6 MEADOW CLOSE: Plot and Title Map

6 MEADOW CLOSE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 6 MEADOW 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 MEADOW 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 MEADOW CLOSE?

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