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 SHREWSBURY CLOSE is a midsized detached house of 101m², built sometime between 1991 and 1995. It was last sold for £370,000 in May 2023, which was around 20% above the average May 2023 detached price in the City of Derby local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows seven sales for 7 SHREWSBURY CLOSE since 1st 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 SHREWSBURY 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 |
---|---|---|---|
2023 26 MAY | £370,000 | £309,578 | 20% above HPI |
2020 6 NOV | £295,000 | £259,463 | 14% above HPI |
2014 25 SEP | £222,000 | £207,675 | 7% above HPI |
2001 26 OCT | £120,000 | £97,637 | 23% above HPI |
1999 2 JUL | £87,000 | £72,536 | 20% above HPI |
1998 30 JAN | £76,000 | £67,348 | 13% above HPI |
1997 18 JUN | £78,500 | £64,428 | 22% above HPI |
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 SHREWSBURY CLOSE sales between June 1997 and May 2023 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 2020 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the May 2023 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.
7 SHREWSBURY CLOSE is 101m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 50% 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 SHREWSBURY CLOSE lies on this distribution: 43% of detached houses are smaller than 7 SHREWSBURY CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Derby.
7 SHREWSBURY CLOSE sits on a plot of roughly 0.062 of an acre, or 253m². The below map shows the location of 7 SHREWSBURY 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 SHREWSBURY 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.
7 SHREWSBURY CLOSE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 7 on SHREWSBURY CLOSE.