9, OCTAVIA CLOSE, CHELLASTON, DERBY, DE73 5AU - £315,000

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.

9 OCTAVIA CLOSE is a very large extended detached house of 165m², built sometime between 2003 and 2006, which could now be worth an estimated £533,641. It was last sold for £315,000 in May 2013, which was around 68% above the average May 2013 detached price in the City of Derby local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was E.

9 OCTAVIA CLOSE Sold Prices

Land registry data shows two sales for 9 OCTAVIA 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 OCTAVIA 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
2013 14 MAY	£315,000	£187,538	68% above HPI
2005 8 DEC	£306,950	£188,681	63% above HPI

9 OCTAVIA 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 OCTAVIA CLOSE sales from December 2005 and May 2013 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 December 2005 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the May 2013 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

What might 9 OCTAVIA CLOSE be worth now?

9 OCTAVIA CLOSE might now be worth an estimated £533,641.

This is based on house price inflation of 69.4%, between May 2013 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 69.4% inflationary increase is applied to the most recent sale price for 9 OCTAVIA CLOSE of £315,000 on 14th May 2013. For the value to have increased from £315,000 to £533,641 over the twelve years and three months to February 2025, the following assumptions must hold true:

• The value of 9 OCTAVIA CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The May 2013 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 9 OCTAVIA CLOSE has not materially changed since May 2013.

How Large is 9 OCTAVIA CLOSE?

9 OCTAVIA CLOSE is 165m², which includes one extension, according to the EPC inspection conducted in July 2010. 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 OCTAVIA CLOSE lies on this distribution: 89% of detached houses houses are smaller than 9 OCTAVIA CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Derby.

9 OCTAVIA CLOSE: Plot and Title Map

9 OCTAVIA CLOSE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 9 OCTAVIA 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 OCTAVIA 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 OCTAVIA CLOSE?

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