8, BOWBANK CLOSE, LITTLEOVER, DERBY, DE23 3YE - £249,950

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

8 BOWBANK CLOSE is a large detached house of 126m², built sometime between 1991 and 1995, which could now be worth an estimated £443,019. It was last sold for £249,950 in March 2010, which was around 37% above the average March 2010 detached price in the City of Derby local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was C.

8 BOWBANK CLOSE Sold Prices

Land registry data shows three sales for 8 BOWBANK 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. All of the three 8 BOWBANK 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
2010 19 MAR	£249,950	£182,051	37% above HPI
2006 8 SEP	£230,000	£196,368	17% above HPI
2000 28 JUL	£115,995	£79,893	45% above HPI

8 BOWBANK 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 8 BOWBANK CLOSE sales between July 2000 and March 2010 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 September 2006 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the March 2010 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 8 BOWBANK CLOSE be worth now?

8 BOWBANK CLOSE might now be worth an estimated £443,019.

This is based on house price inflation of 77.2%, between March 2010 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 77.2% inflationary increase is applied to the most recent sale price for 8 BOWBANK CLOSE of £249,950 on 19th March 2010. For the value to have increased from £249,950 to £443,019 over the thirteen years and three months to December 2024, the following assumptions must hold true:

• The value of 8 BOWBANK CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The March 2010 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 8 BOWBANK CLOSE has not materially changed since March 2010.

How Large is 8 BOWBANK CLOSE?

8 BOWBANK CLOSE is 126m² according to the EPC inspection conducted in December 2009. This puts it in the largest 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 8 BOWBANK CLOSE lies on this distribution: 70% of detached houses houses are smaller than 8 BOWBANK CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Derby.

8 BOWBANK CLOSE: Plot and Title Map

8 BOWBANK CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 8 BOWBANK 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 BOWBANK 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 BOWBANK CLOSE?

8 BOWBANK CLOSE is located in LITTLEOVER, in the DE23 postcode district. The below map shows the position of No. 8 on BOWBANK CLOSE.