6, SHEARWATER CLOSE, DERBY, DE23 1WH - £79,000

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 SHEARWATER CLOSE is a very small detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £251,447. It was last sold for £79,000 in March 2002, which was around 22% below the average March 2002 detached price in the City of Derby local authority area. The most recent EPC inspection was September 2012, where the current energy rating was B, and the potential energy rating was B.

6 SHEARWATER CLOSE Sold Prices

Land registry data shows three sales for 6 SHEARWATER 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 SHEARWATER 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
2002 5 MAR	£79,000	£101,378	22% below HPI
1998 4 DEC	£60,000	£70,592	15% below HPI
1995 24 MAR	£56,500	£64,159	12% below HPI

6 SHEARWATER 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 SHEARWATER CLOSE sales between March 1995 and March 2002 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 1998 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2002 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 6 SHEARWATER CLOSE be worth now?

6 SHEARWATER CLOSE might now be worth an estimated £251,447.

This is based on house price inflation of 218.3%, between March 2002 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 218.3% inflationary increase is applied to the most recent sale price for 6 SHEARWATER CLOSE of £79,000 on 5th March 2002. For the value to have increased from £79,000 to £251,447 over the 21 years and three months to December 2024, the following assumptions must hold true:

• The value of 6 SHEARWATER CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The March 2002 sale price of £79,000 represented a fair market value for the property.
• The size, condition, and specification of 6 SHEARWATER CLOSE has not materially changed since March 2002.

How Large is 6 SHEARWATER CLOSE?

6 SHEARWATER CLOSE is 74m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 20% 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 SHEARWATER CLOSE lies on this distribution: 14% of detached houses houses are smaller than 6 SHEARWATER CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Derby.

6 SHEARWATER CLOSE: Plot and Title Map

6 SHEARWATER CLOSE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 6 SHEARWATER 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 SHEARWATER 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 SHEARWATER CLOSE?

6 SHEARWATER CLOSE is located in DERBY, in the DE23 postcode district. The below map shows the position of No. 6 on SHEARWATER CLOSE.