8, LARK CLOSE, LITTLEOVER, DERBY, DE23 2TE - £139,950

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 LARK CLOSE is a small extended detached house of 86m², built sometime between 1976 and 1982, which could now be worth an estimated £371,500. It was last sold for £139,950 in September 2002, which was around 15% above the average September 2002 detached price in the City of Derby local authority area. The most recent EPC inspection was November 2012, where the current energy rating was E, and the potential energy rating was B.

8 LARK CLOSE Sold Prices

Land registry data shows three sales for 8 LARK 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. One of the three 8 LARK CLOSE sales was for above the average price, whilst two 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
2002 20 SEP	£139,950	£121,556	15% above HPI
2001 30 NOV	£92,000	£98,911	7% below HPI
2000 2 OCT	£55,000	£85,853	36% below HPI

8 LARK 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 LARK CLOSE sales between October 2000 and September 2002 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 November 2001 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2002 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 8 LARK CLOSE be worth now?

8 LARK CLOSE might now be worth an estimated £371,500.

This is based on house price inflation of 165.5%, between September 2002 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 165.5% inflationary increase is applied to the most recent sale price for 8 LARK CLOSE of £139,950 on 20th September 2002. For the value to have increased from £139,950 to £371,500 over the 21 years and nine months to December 2024, the following assumptions must hold true:

• The value of 8 LARK CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The September 2002 sale price of £139,950 represented a fair market value for the property.
• The size, condition, and specification of 8 LARK CLOSE has not materially changed since September 2002.

How Large is 8 LARK CLOSE?

8 LARK CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the smallest 30% 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 LARK CLOSE lies on this distribution: 27% of detached houses houses are smaller than 8 LARK CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Derby.

8 LARK CLOSE: Plot and Title Map

8 LARK CLOSE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 8 LARK 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 LARK 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 LARK CLOSE?

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