8, HICKLING CLOSE, SHELTON LOCK, DERBY, DE24 9QD - £130,000

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 HICKLING CLOSE is a very small detached house of 54m², built sometime between 1967 and 1975, which could now be worth an estimated £158,096. It was last sold for £130,000 in March 2021, which was around 51% below the average March 2021 detached price in the City of Derby local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was B.

8 HICKLING CLOSE Sold Prices

Land registry data shows two sales for 8 HICKLING CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Both of the two 8 HICKLING 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
2021 12 MAR	£130,000	£265,329	51% below HPI
2020 26 MAR	£120,000	£243,172	51% below HPI

8 HICKLING 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 two 8 HICKLING CLOSE sales from March 2020 and March 2021 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 March 2020 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the March 2021 sale, which was also at 51% below the HPI.

What might 8 HICKLING CLOSE be worth now?

8 HICKLING CLOSE might now be worth an estimated £158,096.

This is based on house price inflation of 21.6%, between March 2021 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 21.6% inflationary increase is applied to the most recent sale price for 8 HICKLING CLOSE of £130,000 on 12th March 2021. For the value to have increased from £130,000 to £158,096 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of 8 HICKLING CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The March 2021 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 8 HICKLING CLOSE has not materially changed since March 2021.

How Large is 8 HICKLING CLOSE?

8 HICKLING CLOSE is 54m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 10% 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 HICKLING CLOSE lies on this distribution: 2% of detached houses houses are smaller than 8 HICKLING CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Derby.

8 HICKLING CLOSE: Plot and Title Map

8 HICKLING CLOSE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 8 HICKLING 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 HICKLING 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 HICKLING CLOSE?

8 HICKLING CLOSE is located in SHELTON LOCK, in the DE24 postcode district. The below map shows the position of No. 8 on HICKLING CLOSE.