8, KERNEL CLOSE, LITTLEOVER, DERBY, DE23 3SA - £289,000

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 KERNEL CLOSE is a very large extended detached house of 161m², built sometime between 1967 and 1975, which could now be worth an estimated £436,230. It was last sold for £289,000 in August 2015, which was around 35% above the average August 2015 detached price in the City of Derby local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

8 KERNEL CLOSE Sold Prices

Land registry data shows three sales for 8 KERNEL 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 KERNEL 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
2015 28 AUG	£289,000	£213,769	35% above HPI
2000 16 JUN	£110,000	£78,535	40% above HPI
1998 10 FEB	£84,500	£66,741	27% above HPI

8 KERNEL 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 KERNEL CLOSE sales between February 1998 and August 2015 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 June 2000 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the August 2015 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 8 KERNEL CLOSE be worth now?

8 KERNEL CLOSE might now be worth an estimated £436,230.

This is based on house price inflation of 50.9%, between August 2015 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 50.9% inflationary increase is applied to the most recent sale price for 8 KERNEL CLOSE of £289,000 on 28th August 2015. For the value to have increased from £289,000 to £436,230 over the eight years and eight months to December 2024, the following assumptions must hold true:

• The value of 8 KERNEL CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The August 2015 sale price of £289,000 represented a fair market value for the property.
• The size, condition, and specification of 8 KERNEL CLOSE has not materially changed since August 2015.

How Large is 8 KERNEL CLOSE?

8 KERNEL CLOSE is 161m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the largest 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 KERNEL CLOSE lies on this distribution: 88% of detached houses houses are smaller than 8 KERNEL CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Derby.

8 KERNEL CLOSE: Plot and Title Map

8 KERNEL CLOSE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 8 KERNEL 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 KERNEL 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 KERNEL CLOSE?

8 KERNEL CLOSE is located in LITTLEOVER, in the DE23 postcode district. The below map shows the position of No. 8 on KERNEL CLOSE.