7, BELVEDERE CLOSE, MICKLEOVER, DERBY, DE3 0RW - £240,000

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

7 BELVEDERE CLOSE is a very small detached house of 75m², built sometime between 1967 and 1975, which could now be worth an estimated £317,116. It was last sold for £240,000 in May 2020, which was around 2% below the average May 2020 detached price in the City of Derby local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

7 BELVEDERE CLOSE Sold Prices

Land registry data shows two sales for 7 BELVEDERE 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 7 BELVEDERE 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
2020 7 MAY	£240,000	£244,206	2% below HPI
2012 30 NOV	£150,000	£183,020	18% below HPI

7 BELVEDERE 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 7 BELVEDERE CLOSE sales from November 2012 and May 2020 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 November 2012 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2020 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 7 BELVEDERE CLOSE be worth now?

7 BELVEDERE CLOSE might now be worth an estimated £317,116.

This is based on house price inflation of 32.1%, between May 2020 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 32.1% inflationary increase is applied to the most recent sale price for 7 BELVEDERE CLOSE of £240,000 on 7th May 2020. For the value to have increased from £240,000 to £317,116 over the three years and five months to December 2024, the following assumptions must hold true:

• The value of 7 BELVEDERE CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The May 2020 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BELVEDERE CLOSE has not materially changed since May 2020.

How Large is 7 BELVEDERE CLOSE?

7 BELVEDERE CLOSE is 75m² according to the EPC inspection conducted in December 2013. 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 7 BELVEDERE CLOSE lies on this distribution: 15% of detached houses houses are smaller than 7 BELVEDERE CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Derby.

7 BELVEDERE CLOSE: Plot and Title Map

7 BELVEDERE CLOSE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 7 BELVEDERE 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 7 BELVEDERE 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 7 BELVEDERE CLOSE?

7 BELVEDERE CLOSE is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 7 on BELVEDERE CLOSE.