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 GATCOMBE CLOSE is a small extended detached house of 80m², built sometime between 1983 and 1990. It was last sold for £220,000 in November 2019, which was around 10% below the average November 2019 detached price in the City of Derby local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 8 GATCOMBE 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. All of the three 8 GATCOMBE 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 22 NOV | £220,000 | £243,787 | 10% below HPI |
2016 8 FEB | £175,000 | £216,185 | 19% below HPI |
2013 24 JUN | £154,000 | £191,768 | 20% 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 GATCOMBE CLOSE sales between June 2013 and November 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 February 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2019 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.
8 GATCOMBE CLOSE is 80m², which includes two extensions, according to the EPC inspection conducted in January 2016. This puts it in the smallest 30% 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 GATCOMBE CLOSE lies on this distribution: 20% of detached houses are smaller than 8 GATCOMBE CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Derby.
8 GATCOMBE CLOSE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 8 GATCOMBE 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 GATCOMBE 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 GATCOMBE CLOSE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 8 on GATCOMBE CLOSE.