9, FAIRISLE CLOSE, OAKWOOD, DERBY, DE21 2SJ - £411,500

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.

9 FAIRISLE CLOSE is a very large extended detached house of 149m², built sometime between 1991 and 1995, which could now be worth an estimated £503,178. It was last sold for £411,500 in November 2020, which was around 58% above the average November 2020 detached price in the City of Derby local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

9 FAIRISLE CLOSE Sold Prices

Land registry data shows two sales for 9 FAIRISLE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Both of the two 9 FAIRISLE 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
2020 19 NOV	£411,500	£259,822	58% above HPI
2019 8 FEB	£395,000	£242,945	63% above HPI

9 FAIRISLE 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 two 9 FAIRISLE CLOSE sales from February 2019 and November 2020 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 February 2019 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the November 2020 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might 9 FAIRISLE CLOSE be worth now?

9 FAIRISLE CLOSE might now be worth an estimated £503,178.

This is based on house price inflation of 22.3%, between November 2020 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 22.3% inflationary increase is applied to the most recent sale price for 9 FAIRISLE CLOSE of £411,500 on 19th November 2020. For the value to have increased from £411,500 to £503,178 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 9 FAIRISLE CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The November 2020 sale price of £411,500 represented a fair market value for the property.
• The size, condition, and specification of 9 FAIRISLE CLOSE has not materially changed since November 2020.

How Large is 9 FAIRISLE CLOSE?

9 FAIRISLE CLOSE is 149m², which includes one extension, according to the EPC inspection conducted in September 2018. 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 9 FAIRISLE CLOSE lies on this distribution: 84% of detached houses houses are smaller than 9 FAIRISLE CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Derby.

9 FAIRISLE CLOSE: Plot and Title Map

9 FAIRISLE CLOSE sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of 9 FAIRISLE 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 9 FAIRISLE 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 9 FAIRISLE CLOSE?

9 FAIRISLE CLOSE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 9 on FAIRISLE CLOSE.