6, NEWGATE CLOSE, CHELLASTON, DERBY, DE73 6QT - £275,000

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 NEWGATE CLOSE is a large detached house of 120m², built sometime between 1996 and 2002, which could now be worth an estimated £362,010. It was last sold for £275,000 in October 2019, which was around 12% above the average October 2019 detached price in the City of Derby local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

6 NEWGATE CLOSE Sold Prices

Land registry data shows three sales for 6 NEWGATE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the three 6 NEWGATE 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
2019 31 OCT	£275,000	£245,118	12% above HPI
2015 14 DEC	£265,000	£215,941	23% above HPI
1996 24 MAY	£86,000	£62,954	37% above HPI

6 NEWGATE 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 three 6 NEWGATE CLOSE sales between May 1996 and October 2019 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 December 2015 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the October 2019 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 6 NEWGATE CLOSE be worth now?

6 NEWGATE CLOSE might now be worth an estimated £362,010.

This is based on house price inflation of 31.6%, between October 2019 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 31.6% inflationary increase is applied to the most recent sale price for 6 NEWGATE CLOSE of £275,000 on 31st October 2019. For the value to have increased from £275,000 to £362,010 over the four years and ten months to December 2024, the following assumptions must hold true:

• The value of 6 NEWGATE CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The October 2019 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 6 NEWGATE CLOSE has not materially changed since October 2019.

How Large is 6 NEWGATE CLOSE?

6 NEWGATE CLOSE is 120m² according to the EPC inspection conducted in September 2015. This puts it in the largest 40% 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 NEWGATE CLOSE lies on this distribution: 64% of detached houses houses are smaller than 6 NEWGATE CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Derby.

6 NEWGATE CLOSE: Plot and Title Map

6 NEWGATE CLOSE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 6 NEWGATE 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 NEWGATE 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 NEWGATE CLOSE?

6 NEWGATE CLOSE is located in CHELLASTON, in the DE73 postcode district. The below map shows the position of No. 6 on NEWGATE CLOSE.