7, RYAL CLOSE, OCKBROOK, DERBY, DE72 3TG - £290,000

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 RYAL CLOSE is a very small extended detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £299,071. It was last sold for £290,000 in March 2024, which was around 6% below the average March 2024 detached price in the Erewash 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 RYAL CLOSE Sold Prices

Land registry data shows three sales for 7 RYAL 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 Erewash local authority area for the corresponding sale date. One of the three 7 RYAL CLOSE sales was for below the average price, whilst two 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
2024 18 MAR	£290,000	£309,327	6% below HPI
2011 29 JUL	£193,000	£168,670	14% above HPI
2004 22 NOV	£188,000	£176,823	6% above HPI

7 RYAL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The three 7 RYAL CLOSE sales between November 2004 and March 2024 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 July 2011 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the March 2024 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 7 RYAL CLOSE be worth now?

7 RYAL CLOSE might now be worth an estimated £299,071.

This is based on house price inflation of 3.1%, between March 2024 and February 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.1% inflationary increase is applied to the most recent sale price for 7 RYAL CLOSE of £290,000 on 18th March 2024. For the value to have increased from £290,000 to £299,071 over the one year and one month to February 2025, the following assumptions must hold true:

• The value of 7 RYAL CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The March 2024 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 7 RYAL CLOSE has not materially changed since March 2024.

How Large is 7 RYAL CLOSE?

7 RYAL CLOSE is 77m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 20% of detached houses houses in Ockbrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ockbrook, and where 7 RYAL CLOSE lies on this distribution: 17% of detached houses houses are smaller than 7 RYAL CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Ockbrook.

7 RYAL CLOSE: Plot and Title Map

7 RYAL CLOSE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 7 RYAL 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 RYAL 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 RYAL CLOSE?

7 RYAL CLOSE is located in OCKBROOK, in the DE72 postcode district. The below map shows the position of No. 7 on RYAL CLOSE.