8, OLDBURY CLOSE, OAKWOOD, DERBY, DE21 2JS - £275,000

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 OLDBURY CLOSE is a midsized extended detached house of 100m², built sometime between 1983 and 1990. It was last sold for £275,000 in November 2019, which was around 13% above the average November 2019 detached price in the City of Derby local authority area. The most recent EPC inspection was June 2011, where the current energy rating was E, and the potential energy rating was D.

8 OLDBURY CLOSE Sold Prices

Land registry data shows three sales for 8 OLDBURY 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 OLDBURY 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
2019 29 NOV	£275,000	£243,787	13% above HPI
2014 4 JUL	£234,000	£200,809	17% above HPI
1999 21 DEC	£90,000	£75,821	19% above HPI

8 OLDBURY 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 OLDBURY CLOSE sales between December 1999 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 July 2014 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2019 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 8 OLDBURY CLOSE?

8 OLDBURY CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the smallest 50% 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 OLDBURY CLOSE lies on this distribution: 43% of detached houses are smaller than 8 OLDBURY CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Derby.

8 OLDBURY CLOSE: Plot and Title Map

8 OLDBURY CLOSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 8 OLDBURY 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 OLDBURY 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 OLDBURY CLOSE?

8 OLDBURY CLOSE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 8 on OLDBURY CLOSE.