8, DAVIDS CLOSE, CHELLASTON, DERBY, DE73 5SY - £230,000

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

8 DAVIDS CLOSE is a very small extended detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £298,607. It was last sold for £230,000 in December 2019, which was around 7% below the average December 2019 detached price in the City of Derby local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

8 DAVIDS CLOSE Sold Prices

Land registry data shows four sales for 8 DAVIDS 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 DAVIDS CLOSE sales were 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
2019 9 DEC	£230,000	£248,537	7% below HPI
2010 20 JUL	£159,000	£188,924	16% below HPI
2008 1 AUG	£154,000	£200,431	23% below HPI
2001 21 SEP	£83,000	£97,295	15% below HPI

8 DAVIDS 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 DAVIDS CLOSE sales between September 2001 and December 2019 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 2010 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2019 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 8 DAVIDS CLOSE be worth now?

8 DAVIDS CLOSE might now be worth an estimated £298,607.

This is based on house price inflation of 29.8%, between December 2019 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 29.8% inflationary increase is applied to the most recent sale price for 8 DAVIDS CLOSE of £230,000 on 9th December 2019. For the value to have increased from £230,000 to £298,607 over the five years to December 2024, the following assumptions must hold true:

• The value of 8 DAVIDS CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The December 2019 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 8 DAVIDS CLOSE has not materially changed since December 2019.

How Large is 8 DAVIDS CLOSE?

8 DAVIDS CLOSE is 77m², which includes two extensions, according to the EPC inspection conducted in September 2019. This puts it in the smallest 20% 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 DAVIDS CLOSE lies on this distribution: 17% of detached houses houses are smaller than 8 DAVIDS CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Derby.

8 DAVIDS CLOSE: Plot and Title Map

8 DAVIDS CLOSE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 8 DAVIDS 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 DAVIDS 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 DAVIDS CLOSE?

8 DAVIDS CLOSE is located in CHELLASTON, in the DE73 postcode district. The below map shows the position of No. 8 on DAVIDS CLOSE.