8, SHERSTON CLOSE, OAKWOOD, DERBY, DE21 2ER - £320,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 SHERSTON CLOSE is a small extended detached house of 86m², built sometime between 1991 and 1995. It was last sold for £320,000 in August 2023, which was around 4% above the average August 2023 detached price in the City of Derby local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

8 SHERSTON CLOSE Sold Prices

Land registry data shows three sales for 8 SHERSTON 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 SHERSTON 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
2023 18 AUG	£320,000	£308,072	4% above HPI
2018 12 JAN	£236,500	£234,119	1% above HPI
2007 11 JUN	£210,000	£205,526	2% above HPI

8 SHERSTON 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 SHERSTON CLOSE sales between June 2007 and August 2023 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 January 2018 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2023 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 8 SHERSTON CLOSE?

8 SHERSTON CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 30% 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 SHERSTON CLOSE lies on this distribution: 27% of detached houses are smaller than 8 SHERSTON CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Derby.

8 SHERSTON CLOSE: Plot and Title Map

8 SHERSTON CLOSE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 8 SHERSTON 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 SHERSTON 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 SHERSTON CLOSE?

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