9, SOLWAY CLOSE, OAKWOOD, DERBY, DE21 2UD - £95,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

9 SOLWAY CLOSE is a very small extended detached house of 60m², built sometime between 1983 and 1990. It was last sold for £95,000 in February 2012, which was around 47% below the average February 2012 detached price in the City of Derby local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was B.

9 SOLWAY CLOSE Sold Prices

Land registry data shows three sales for 9 SOLWAY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the three 9 SOLWAY CLOSE sales were for below 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
2012 17 FEB	£95,000	£180,708	47% below HPI
2002 13 DEC	£94,500	£130,598	28% below HPI
2001 8 OCT	£66,000	£97,637	32% below HPI

9 SOLWAY 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 three 9 SOLWAY CLOSE sales between October 2001 and February 2012 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 2002 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2012 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 9 SOLWAY CLOSE?

9 SOLWAY CLOSE is 60m², which includes one extension, according to the EPC inspection conducted in June 2024. This puts it in the smallest 10% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 9 SOLWAY CLOSE lies on this distribution: 5% of detached houses are smaller than 9 SOLWAY CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Derby.

9 SOLWAY CLOSE: Plot and Title Map

9 SOLWAY CLOSE sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 9 SOLWAY 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 SOLWAY 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 SOLWAY CLOSE?

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