7, DELAMERE CLOSE, OAKWOOD, DERBY, DE21 2HW - £265,000

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 DELAMERE CLOSE is a large extended detached house of 120m², built sometime between 1983 and 1990, which could now be worth an estimated £372,706. It was last sold for £265,000 in May 2017, which was around 16% above the average May 2017 detached price in the City of Derby local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

7 DELAMERE CLOSE Sold Prices

Land registry data shows three sales for 7 DELAMERE 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 7 DELAMERE 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
2017 25 MAY	£265,000	£229,426	16% above HPI
1998 24 APR	£85,000	£67,532	26% above HPI
1995 21 FEB	£82,000	£63,740	29% above HPI

7 DELAMERE 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 7 DELAMERE CLOSE sales between February 1995 and May 2017 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 April 1998 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the May 2017 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 7 DELAMERE CLOSE be worth now?

7 DELAMERE CLOSE might now be worth an estimated £372,706.

This is based on house price inflation of 40.6%, between May 2017 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 40.6% inflationary increase is applied to the most recent sale price for 7 DELAMERE CLOSE of £265,000 on 25th May 2017. For the value to have increased from £265,000 to £372,706 over the six years and five months to December 2024, the following assumptions must hold true:

• The value of 7 DELAMERE CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The May 2017 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 7 DELAMERE CLOSE has not materially changed since May 2017.

How Large is 7 DELAMERE CLOSE?

7 DELAMERE CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in January 2017. 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 7 DELAMERE CLOSE lies on this distribution: 64% of detached houses houses are smaller than 7 DELAMERE CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Derby.

7 DELAMERE CLOSE: Plot and Title Map

7 DELAMERE CLOSE sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 7 DELAMERE 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 DELAMERE 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 DELAMERE CLOSE?

7 DELAMERE CLOSE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 7 on DELAMERE CLOSE.