7, VENICE CLOSE, CHELLASTON, DERBY, DE73 5BX - £317,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 VENICE CLOSE is a large detached house of 137m², built sometime from 2007 onwards. It was last sold for £317,000 in January 2014, which was around 65% above the average January 2014 detached price in the City of Derby local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

7 VENICE CLOSE Sold Prices

Land registry data shows two sales for 7 VENICE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Both of the two 7 VENICE 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
2014 31 JAN	£317,000	£192,375	65% above HPI
2007 2 NOV	£285,000	£208,204	37% above HPI

7 VENICE 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 two 7 VENICE CLOSE sales from November 2007 and January 2014 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 2007 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the January 2014 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is 7 VENICE CLOSE?

7 VENICE CLOSE is 137m² according to the EPC inspection conducted in June 2013. This puts it in the largest 30% 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 VENICE CLOSE lies on this distribution: 79% of detached houses are smaller than 7 VENICE CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Derby.

7 VENICE CLOSE: Plot and Title Map

7 VENICE CLOSE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 7 VENICE 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 VENICE 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 VENICE CLOSE?

7 VENICE CLOSE is located in CHELLASTON, in the DE73 postcode district. The below map shows the position of No. 7 on VENICE CLOSE.