8, NESTOR CLOSE, CHELLASTON, DERBY, DE73 5AD - £405,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 NESTOR CLOSE is a very large detached house of 157m², built sometime between 1996 and 2002, which could now be worth an estimated £563,487. It was last sold for £405,000 in October 2017, which was around 77% above the average October 2017 detached price in the City of Derby local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

8 NESTOR CLOSE Sold Prices

Land registry data shows three sales for 8 NESTOR 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 NESTOR 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
2017 20 OCT	£405,000	£228,349	77% above HPI
2012 30 APR	£320,000	£180,882	77% above HPI
2004 28 MAY	£307,995	£170,291	81% above HPI

8 NESTOR 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 NESTOR CLOSE sales between May 2004 and October 2017 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 April 2012 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the October 2017 sale, which was also at 77% above the HPI.

What might 8 NESTOR CLOSE be worth now?

8 NESTOR CLOSE might now be worth an estimated £563,487.

This is based on house price inflation of 39.1%, between October 2017 and February 2025, 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 39.1% inflationary increase is applied to the most recent sale price for 8 NESTOR CLOSE of £405,000 on 20th October 2017. For the value to have increased from £405,000 to £563,487 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 NESTOR CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The October 2017 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 8 NESTOR CLOSE has not materially changed since October 2017.

How Large is 8 NESTOR CLOSE?

8 NESTOR CLOSE is 157m² according to the EPC inspection conducted in November 2011. 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 NESTOR CLOSE lies on this distribution: 87% of detached houses houses are smaller than 8 NESTOR CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Derby.

8 NESTOR CLOSE: Plot and Title Map

8 NESTOR CLOSE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 8 NESTOR 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 NESTOR 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 NESTOR CLOSE?

8 NESTOR CLOSE is located in CHELLASTON, in the DE73 postcode district. The below map shows the position of No. 8 on NESTOR CLOSE.