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

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 SYDNEY CLOSE is a midsized extended detached house of 102m², built sometime between 1967 and 1975. 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	£205,301	12% above HPI
2012 31 MAY	£197,500	£181,043	9% above HPI
2003 18 AUG	£169,500	£148,326	14% above HPI
2002 2 MAY	£143,000	£104,906	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.

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 in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 8 SYDNEY CLOSE lies on this distribution: 44% of detached 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 0.086 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.