8, CHAPTER CLOSE, OAKWOOD, DERBY, DE21 2BG - £225,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 CHAPTER CLOSE is a small extended semi-detached house of 82m², built sometime between 1996 and 2002, which could now be worth an estimated £260,275. It was last sold for £225,000 in January 2022, which was around 25% above the average January 2022 semi-detached price in the City of Derby local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

8 CHAPTER CLOSE Sold Prices

Land registry data shows two sales for 8 CHAPTER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the City of Derby local authority area for the corresponding sale date. Both of the two 8 CHAPTER 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
2022 21 JAN	£225,000	£180,557	25% above HPI
1996 16 AUG	£48,000	£38,068	26% above HPI

8 CHAPTER CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the City of Derby local authority area over time, sourced from the HPI. The two 8 CHAPTER CLOSE sales from August 1996 and January 2022 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 August 1996 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the January 2022 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 8 CHAPTER CLOSE be worth now?

8 CHAPTER CLOSE might now be worth an estimated £260,275.

This is based on house price inflation of 15.7%, between January 2022 and February 2025, for semi-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 15.7% inflationary increase is applied to the most recent sale price for 8 CHAPTER CLOSE of £225,000 on 21st January 2022. For the value to have increased from £225,000 to £260,275 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of 8 CHAPTER CLOSE has moved in line with the HPI for semi-detached houses in the City of Derby local authority area.
• The January 2022 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHAPTER CLOSE has not materially changed since January 2022.

How Large is 8 CHAPTER CLOSE?

8 CHAPTER CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 30% of semi-detached houses houses in Derby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Derby, and where 8 CHAPTER CLOSE lies on this distribution: 22% of semi-detached houses houses are smaller than 8 CHAPTER CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Derby.

8 CHAPTER CLOSE: Plot and Title Map

8 CHAPTER CLOSE sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 8 CHAPTER 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 CHAPTER 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 CHAPTER CLOSE?

8 CHAPTER CLOSE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 8 on CHAPTER CLOSE.