7, PENNYCRESS CLOSE, LITTLEOVER, DERBY, DE23 3WS - £390,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 PENNYCRESS CLOSE is a very large detached house of 158m², built sometime between 1996 and 2002. It was last sold for £390,000 in October 2018, which was around 61% above the average October 2018 detached price in the City of Derby local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

7 PENNYCRESS CLOSE Sold Prices

Land registry data shows two sales for 7 PENNYCRESS 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 PENNYCRESS 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
2018 25 OCT	£390,000	£242,118	61% above HPI
1996 17 DEC	£134,995	£63,480	113% above HPI

7 PENNYCRESS 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 PENNYCRESS CLOSE sales from December 1996 and October 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 December 1996 sale was for 113% above the HPI. So the extrapolation line tracks at 113% above the HPI over time, until the October 2018 sale, where it falls to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is 7 PENNYCRESS CLOSE?

7 PENNYCRESS CLOSE is 158m² according to the EPC inspection conducted in July 2018. This puts it in the largest 20% 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 PENNYCRESS CLOSE lies on this distribution: 87% of detached houses are smaller than 7 PENNYCRESS CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Derby.

7 PENNYCRESS CLOSE: Plot and Title Map

7 PENNYCRESS CLOSE sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 7 PENNYCRESS 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 PENNYCRESS 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 PENNYCRESS CLOSE?

7 PENNYCRESS CLOSE is located in LITTLEOVER, in the DE23 postcode district. The below map shows the position of No. 7 on PENNYCRESS CLOSE.