8, BALTIC CLOSE, DERBY, DE24 1AL - £350,000

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

8 BALTIC CLOSE is a very large detached house of 142m², built sometime between 2003 and 2006. It was last sold for £350,000 in August 2023, which was around 14% above the average August 2023 detached price in the City of Derby local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

8 BALTIC CLOSE Sold Prices

Land registry data shows four sales for 8 BALTIC CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the four 8 BALTIC 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 24 AUG	£350,000	£308,010	14% above HPI
2016 18 JUL	£299,500	£224,886	33% above HPI
2013 22 AUG	£245,000	£194,836	26% above HPI
2011 29 JUL	£225,000	£184,268	22% above HPI

8 BALTIC 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 four 8 BALTIC CLOSE sales between July 2011 and August 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 July 2016 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the August 2023 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 8 BALTIC CLOSE?

8 BALTIC CLOSE is 142m² according to the EPC inspection conducted in July 2022. This puts it in the largest 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 8 BALTIC CLOSE lies on this distribution: 81% of detached houses are smaller than 8 BALTIC CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Derby.

8 BALTIC CLOSE: Plot and Title Map

8 BALTIC CLOSE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 8 BALTIC 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 8 BALTIC 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 8 BALTIC CLOSE?

8 BALTIC CLOSE is located in DERBY, in the DE24 postcode district. The below map shows the position of No. 8 on BALTIC CLOSE.