7, MERRYBOWER CLOSE, STENSON FIELDS, DERBY, DE24 3JJ - £208,250

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 MERRYBOWER CLOSE is a midsized extended detached house of 111m², built sometime between 1983 and 1990, which could now be worth an estimated £306,925. It was last sold for £208,250 in February 2016, which was around 16% below the average February 2016 detached price in the South Derbyshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

7 MERRYBOWER CLOSE Sold Prices

Land registry data shows two sales for 7 MERRYBOWER 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 South Derbyshire local authority area for the corresponding sale date. Both of the two 7 MERRYBOWER 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
2016 16 FEB	£208,250	£247,607	16% below HPI
1995 5 SEP	£60,000	£68,835	13% below HPI

7 MERRYBOWER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The two 7 MERRYBOWER CLOSE sales from September 1995 and February 2016 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 September 1995 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2016 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 7 MERRYBOWER CLOSE be worth now?

7 MERRYBOWER CLOSE might now be worth an estimated £306,925.

This is based on house price inflation of 47.4%, between February 2016 and December 2024, for detached houses, in the South Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 47.4% inflationary increase is applied to the most recent sale price for 7 MERRYBOWER CLOSE of £208,250 on 16th February 2016. For the value to have increased from £208,250 to £306,925 over the seven years and two months to December 2024, the following assumptions must hold true:

• The value of 7 MERRYBOWER CLOSE has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The February 2016 sale price of £208,250 represented a fair market value for the property.
• The size, condition, and specification of 7 MERRYBOWER CLOSE has not materially changed since February 2016.

How Large is 7 MERRYBOWER CLOSE?

7 MERRYBOWER CLOSE is 111m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the largest 50% 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 MERRYBOWER CLOSE lies on this distribution: 54% of detached houses houses are smaller than 7 MERRYBOWER CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Derby.

7 MERRYBOWER CLOSE: Plot and Title Map

7 MERRYBOWER CLOSE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 7 MERRYBOWER 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 MERRYBOWER 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 MERRYBOWER CLOSE?

7 MERRYBOWER CLOSE is located in STENSON FIELDS, in the DE24 postcode district. The below map shows the position of No. 7 on MERRYBOWER CLOSE.