7, MILBURY CLOSE, OAKWOOD, DERBY, DE21 2JT - £193,000

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 MILBURY CLOSE is a large extended detached house of 118m², built sometime between 1983 and 1990. It was last sold for £193,000 in September 2010, which was around 1% above the average September 2010 detached price in the City of Derby local authority area. The most recent EPC inspection was January 2010, where the current energy rating was E, and the potential energy rating was D.

7 MILBURY CLOSE Sold Prices

Land registry data shows six sales for 7 MILBURY CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the six 7 MILBURY 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
2010 2 SEP	£193,000	£190,943	1% above HPI
2002 1 NOV	£164,950	£127,340	30% above HPI
1999 17 DEC	£95,000	£75,821	25% above HPI
1996 16 FEB	£75,000	£63,476	18% above HPI
1995 8 DEC	£75,000	£62,654	20% above HPI
1995 20 MAR	£85,000	£64,070	33% above HPI

7 MILBURY 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 six 7 MILBURY CLOSE sales between March 1995 and September 2010 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 November 2002 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the September 2010 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 7 MILBURY CLOSE?

7 MILBURY CLOSE is 118m², which includes one extension, according to the EPC inspection conducted in January 2010. This puts it in the largest 40% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 7 MILBURY CLOSE lies on this distribution: 62% of detached houses are smaller than 7 MILBURY CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Derby.

7 MILBURY CLOSE: Plot and Title Map

7 MILBURY CLOSE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 7 MILBURY 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 MILBURY 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 MILBURY CLOSE?

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