9, FORDYCE CLOSE, CHELLASTON, DERBY, DE73 5YD - £285,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

9 FORDYCE CLOSE is a large extended detached house of 119m², built sometime between 1991 and 1995, which could now be worth an estimated £422,589. It was last sold for £285,000 in May 2016, which was around 31% above the average May 2016 detached price in the City of Derby local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was C.

9 FORDYCE CLOSE Sold Prices

Land registry data shows two sales for 9 FORDYCE 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 FORDYCE 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
2016 6 MAY	£285,000	£217,615	31% above HPI
2003 31 JUL	£178,950	£144,989	23% above HPI

9 FORDYCE 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 FORDYCE CLOSE sales from July 2003 and May 2016 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 2003 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the May 2016 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 9 FORDYCE CLOSE be worth now?

9 FORDYCE CLOSE might now be worth an estimated £422,589.

This is based on house price inflation of 48.3%, between May 2016 and December 2024, 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 48.3% inflationary increase is applied to the most recent sale price for 9 FORDYCE CLOSE of £285,000 on 6th May 2016. For the value to have increased from £285,000 to £422,589 over the seven years and five months to December 2024, the following assumptions must hold true:

• The value of 9 FORDYCE CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The May 2016 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 9 FORDYCE CLOSE has not materially changed since May 2016.

How Large is 9 FORDYCE CLOSE?

9 FORDYCE CLOSE is 119m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the largest 40% 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 FORDYCE CLOSE lies on this distribution: 63% of detached houses houses are smaller than 9 FORDYCE CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Derby.

9 FORDYCE CLOSE: Plot and Title Map

9 FORDYCE CLOSE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 9 FORDYCE 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 FORDYCE 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 FORDYCE CLOSE?

9 FORDYCE CLOSE is located in CHELLASTON, in the DE73 postcode district. The below map shows the position of No. 9 on FORDYCE CLOSE.