7, GLADSTONE CLOSE, CHELLASTON, DERBY, DE73 6RR - £277,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 GLADSTONE CLOSE is a small extended detached house of 91m², built sometime between 1950 and 1966, which could now be worth an estimated £308,167. It was last sold for £277,500 in March 2022, which was around 3% below the average March 2022 detached price in the City of Derby local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

7 GLADSTONE CLOSE Sold Prices

Land registry data shows two sales for 7 GLADSTONE 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 GLADSTONE 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
2022 21 MAR	£277,500	£286,209	3% below HPI
1996 19 JUL	£48,500	£62,884	23% below HPI

7 GLADSTONE 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 GLADSTONE CLOSE sales from July 1996 and March 2022 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 July 1996 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 7 GLADSTONE CLOSE be worth now?

7 GLADSTONE CLOSE might now be worth an estimated £308,167.

This is based on house price inflation of 11.1%, between March 2022 and June 2025, 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 11.1% inflationary increase is applied to the most recent sale price for 7 GLADSTONE CLOSE of £277,500 on 21st March 2022. For the value to have increased from £277,500 to £308,167 over the two years and nine months to June 2025, the following assumptions must hold true:

• The value of 7 GLADSTONE CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The March 2022 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 7 GLADSTONE CLOSE has not materially changed since March 2022.

How Large is 7 GLADSTONE CLOSE?

7 GLADSTONE CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 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 GLADSTONE CLOSE lies on this distribution: 33% of detached houses houses are smaller than 7 GLADSTONE CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Derby.

7 GLADSTONE CLOSE: Plot and Title Map

7 GLADSTONE CLOSE sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 7 GLADSTONE 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 GLADSTONE 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 GLADSTONE CLOSE?

7 GLADSTONE CLOSE is located in CHELLASTON, in the DE73 postcode district. The below map shows the position of No. 7 on GLADSTONE CLOSE.