7, REDLAND CLOSE, SINFIN, DERBY, DE24 9PR - £190,000

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 REDLAND CLOSE is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £190,000 in April 2022, which was around 34% below the average April 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 REDLAND CLOSE Sold Prices

Land registry data shows three sales for 7 REDLAND CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the three 7 REDLAND 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 14 APR	£190,000	£289,434	34% below HPI
2007 12 FEB	£129,000	£204,499	37% below HPI
2001 28 FEB	£54,000	£88,664	39% below HPI

7 REDLAND 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 three 7 REDLAND CLOSE sales between February 2001 and April 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 February 2007 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the April 2022 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 7 REDLAND CLOSE?

7 REDLAND CLOSE is 74m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 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 REDLAND CLOSE lies on this distribution: 14% of detached houses are smaller than 7 REDLAND CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Derby.

7 REDLAND CLOSE: Plot and Title Map

7 REDLAND CLOSE sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 7 REDLAND 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 REDLAND 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 REDLAND CLOSE?

7 REDLAND CLOSE is located in SINFIN, in the DE24 postcode district. The below map shows the position of No. 7 on REDLAND CLOSE.