8, SYDNEY CLOSE, MICKLEOVER, DERBY, DE3 9LY - £230,000

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 SYDNEY CLOSE is a midsized extended detached house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £355,437. It was last sold for £230,000 in December 2014, which was around 12% above the average December 2014 detached price in the City of Derby local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

8 SYDNEY CLOSE Sold Prices

Land registry data shows four sales for 8 SYDNEY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the four 8 SYDNEY 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
2014 9 DEC	£230,000	£205,586	12% above HPI
2012 31 MAY	£197,500	£181,294	9% above HPI
2003 18 AUG	£169,500	£148,531	14% above HPI
2002 2 MAY	£143,000	£105,051	36% above HPI

8 SYDNEY 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 four 8 SYDNEY CLOSE sales between May 2002 and December 2014 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 May 2012 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the December 2014 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 8 SYDNEY CLOSE be worth now?

8 SYDNEY CLOSE might now be worth an estimated £355,437.

This is based on house price inflation of 54.5%, between December 2014 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 54.5% inflationary increase is applied to the most recent sale price for 8 SYDNEY CLOSE of £230,000 on 9th December 2014. For the value to have increased from £230,000 to £355,437 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 SYDNEY CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The December 2014 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SYDNEY CLOSE has not materially changed since December 2014.

How Large is 8 SYDNEY CLOSE?

8 SYDNEY CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the smallest 50% 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 SYDNEY CLOSE lies on this distribution: 44% of detached houses houses are smaller than 8 SYDNEY CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Derby.

8 SYDNEY CLOSE: Plot and Title Map

8 SYDNEY CLOSE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 8 SYDNEY 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 SYDNEY 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 SYDNEY CLOSE?

8 SYDNEY CLOSE is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 8 on SYDNEY CLOSE.