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 FOUNTAINS CLOSE is a very small detached house of 62m², built sometime between 1967 and 1975. It was last sold for £172,000 in November 2014, which was around 17% below the average November 2014 detached price in the City of Derby local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 8 FOUNTAINS CLOSE since 1st 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. Two of the three 8 FOUNTAINS CLOSE sales were for below the average price, whilst one was 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 |
---|---|---|---|
2014 14 NOV | £172,000 | £206,235 | 17% below HPI |
1998 31 JUL | £69,950 | £68,851 | 2% above HPI |
1995 23 NOV | £51,500 | £61,095 | 16% below HPI |
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 FOUNTAINS CLOSE sales between November 1995 and November 2014 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 1998 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2014 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.
8 FOUNTAINS CLOSE is 62m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% 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 FOUNTAINS CLOSE lies on this distribution: 6% of detached houses are smaller than 8 FOUNTAINS CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Derby.
8 FOUNTAINS CLOSE sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 8 FOUNTAINS 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 FOUNTAINS 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.
8 FOUNTAINS CLOSE is located in ALLESTREE, in the DE22 postcode district. The below map shows the position of No. 8 on FOUNTAINS CLOSE.