8, FAIRISLE CLOSE, OAKWOOD, DERBY, DE21 2SJ - £391,500

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

8 FAIRISLE CLOSE is a very large detached house of 157m², built sometime between 1991 and 1995. It was last sold for £391,500 in December 2020, which was around 49% above the average December 2020 detached price in the City of Derby local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

8 FAIRISLE CLOSE Sold Prices

Land registry data shows three sales for 8 FAIRISLE 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 FAIRISLE 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
2020 11 DEC	£391,500	£262,839	49% above HPI
2012 19 JUL	£269,950	£185,014	46% above HPI
1999 1 DEC	£141,500	£75,821	87% above HPI

8 FAIRISLE 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 FAIRISLE CLOSE sales between December 1999 and December 2020 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 2012 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the December 2020 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is 8 FAIRISLE CLOSE?

8 FAIRISLE CLOSE is 157m² according to the EPC inspection conducted in April 2012. 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 FAIRISLE CLOSE lies on this distribution: 86% of detached houses are smaller than 8 FAIRISLE CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Derby.

8 FAIRISLE CLOSE: Plot and Title Map

8 FAIRISLE CLOSE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 8 FAIRISLE 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 FAIRISLE 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 FAIRISLE CLOSE?

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