7, RYE CLOSE, OAKWOOD, DERBY, DE21 2BU - £209,950

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 RYE CLOSE is a very small extended detached house of 75m², built sometime between 1976 and 1982. It was last sold for £209,950 in February 2018, which was around 11% below the average February 2018 detached price in the City of Derby local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

7 RYE CLOSE Sold Prices

Land registry data shows seven sales for 7 RYE CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the seven 7 RYE 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
2018 16 FEB	£209,950	£234,608	11% below HPI
2015 11 MAY	£167,000	£208,231	20% below HPI
2013 1 MAR	£163,000	£189,107	14% below HPI
2003 12 DEC	£129,995	£163,537	21% below HPI
2002 20 DEC	£126,000	£130,598	4% below HPI
1997 20 NOV	£50,000	£68,420	27% below HPI
1997 4 FEB	£53,000	£63,862	17% below HPI

7 RYE 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 seven 7 RYE CLOSE sales between February 1997 and February 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 May 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2018 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 7 RYE CLOSE?

7 RYE CLOSE is 75m², which includes one extension, according to the EPC inspection conducted in August 2012. 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 RYE CLOSE lies on this distribution: 15% of detached houses are smaller than 7 RYE CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Derby.

7 RYE CLOSE: Plot and Title Map

7 RYE CLOSE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 7 RYE 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 RYE 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 RYE CLOSE?

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