7, HERMITAGE COURT, OAKWOOD, DERBY, DE21 2LG - £320,000

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 HERMITAGE COURT is a very large extended detached house of 229m², built sometime between 1983 and 1990, which could now be worth an estimated £421,938. It was last sold for £320,000 in July 2018, which was around 33% above the average July 2018 detached price in the City of Derby local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

7 HERMITAGE COURT Sold Prices

Land registry data shows two sales for 7 HERMITAGE COURT 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 HERMITAGE COURT 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
2018 18 JUL	£320,000	£241,050	33% above HPI
2015 26 OCT	£315,000	£215,769	46% above HPI

7 HERMITAGE COURT 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 HERMITAGE COURT sales from October 2015 and July 2018 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 October 2015 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the July 2018 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 7 HERMITAGE COURT be worth now?

7 HERMITAGE COURT might now be worth an estimated £421,938.

This is based on house price inflation of 31.9%, between July 2018 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 31.9% inflationary increase is applied to the most recent sale price for 7 HERMITAGE COURT of £320,000 on 18th July 2018. For the value to have increased from £320,000 to £421,938 over the seven years and one month to June 2025, the following assumptions must hold true:

• The value of 7 HERMITAGE COURT has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The July 2018 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 7 HERMITAGE COURT has not materially changed since July 2018.

How Large is 7 HERMITAGE COURT?

7 HERMITAGE COURT is 229m², which includes three extensions, according to the EPC inspection conducted in November 2014. This puts it in the largest 10% 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 HERMITAGE COURT lies on this distribution: 98% of detached houses houses are smaller than 7 HERMITAGE COURT, and 2% of houses are larger. Note that EPC data is not available for all properties in Derby.

7 HERMITAGE COURT: Plot and Title Map

7 HERMITAGE COURT sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 7 HERMITAGE COURT, 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 HERMITAGE COURT). 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 HERMITAGE COURT?

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