7, THORN CLOSE, ALLESTREE, DERBY, DE22 2JG - £260,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 THORN CLOSE is a small detached house of 85m², built sometime between 1950 and 1966, which could now be worth an estimated £388,509. It was last sold for £260,000 in December 2015, which was around 20% above the average December 2015 detached price in the City of Derby local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

7 THORN CLOSE Sold Prices

Land registry data shows three sales for 7 THORN 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. Two of the three 7 THORN CLOSE sales were for above the average price, whilst one was 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
2015 22 DEC	£260,000	£215,941	20% above HPI
2010 7 OCT	£220,000	£187,591	17% above HPI
2006 31 OCT	£180,000	£198,147	9% below HPI

7 THORN 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 THORN CLOSE sales between October 2006 and December 2015 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 October 2010 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the December 2015 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 7 THORN CLOSE be worth now?

7 THORN CLOSE might now be worth an estimated £388,509.

This is based on house price inflation of 49.4%, between December 2015 and December 2024, for detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 49.4% inflationary increase is applied to the most recent sale price for 7 THORN CLOSE of £260,000 on 22nd December 2015. For the value to have increased from £260,000 to £388,509 over the nine years to December 2024, the following assumptions must hold true:

• The value of 7 THORN CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The December 2015 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THORN CLOSE has not materially changed since December 2015.

How Large is 7 THORN CLOSE?

7 THORN CLOSE is 85m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 30% of detached houses houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 7 THORN CLOSE lies on this distribution: 25% of detached houses houses are smaller than 7 THORN CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Derby.

7 THORN CLOSE: Plot and Title Map

7 THORN CLOSE sits on a plot of roughly 0.247 of an acre, or 998m². The below map shows the location of 7 THORN 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 THORN 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 THORN CLOSE?

7 THORN CLOSE is located in ALLESTREE, in the DE22 postcode district. The below map shows the position of No. 7 on THORN CLOSE.