7, CLOSE BANK, TUTBURY, BURTON-ON-TRENT, DE13 9HD - £173,000

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

7 CLOSE BANK is a large detached house of 142m², built sometime between 1967 and 1975. It was last sold for £173,000 in November 2011, which was around 18% below the average November 2011 detached price in the East Staffordshire local authority area. The most recent EPC inspection was October 2009, where the current energy rating was E, and the potential energy rating was C.

7 CLOSE BANK Sold Prices

Land registry data shows two sales for 7 CLOSE BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Staffordshire local authority area for the corresponding sale date. Both of the two 7 CLOSE BANK 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
2011 21 NOV	£173,000	£211,683	18% below HPI
2006 2 JUN	£195,000	£222,581	12% below HPI

7 CLOSE BANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Staffordshire local authority area over time, sourced from the HPI. The two 7 CLOSE BANK sales from June 2006 and November 2011 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 June 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2011 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 7 CLOSE BANK?

7 CLOSE BANK is 142m² according to the EPC inspection conducted in October 2009. This puts it in the largest 30% of detached houses in Tutbury, based on EPC data. The below chart shows the distribution of detached houses by size in Tutbury, and where 7 CLOSE BANK lies on this distribution: 78% of detached houses are smaller than 7 CLOSE BANK, and 22% of houses are larger. Note that EPC data is not available for all properties in Tutbury.

7 CLOSE BANK: Plot and Title Map

7 CLOSE BANK sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 7 CLOSE BANK, 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 CLOSE BANK). 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 CLOSE BANK?

7 CLOSE BANK is located in TUTBURY, in the DE13 postcode district. The below map shows the position of No. 7 on CLOSE BANK.