1, ALDERFEN CLOSE, SHELTON LOCK, DERBY, DE24 9QQ - £270,000

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.

1 ALDERFEN CLOSE is a midsized extended detached house of 106m², built sometime between 1967 and 1975, which could now be worth an estimated £347,458. It was last sold for £270,000 in August 2019, which was around 9% above the average August 2019 detached price in the City of Derby local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

1 ALDERFEN CLOSE Sold Prices

Land registry data shows three sales for 1 ALDERFEN 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. One of the three 1 ALDERFEN CLOSE sales was for above the average price, whilst two 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
2019 22 AUG	£270,000	£246,983	9% above HPI
2009 16 OCT	£158,000	£187,971	16% below HPI
2004 27 AUG	£100,000	£180,148	44% below HPI

1 ALDERFEN 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 1 ALDERFEN CLOSE sales between August 2004 and August 2019 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 October 2009 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2019 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 1 ALDERFEN CLOSE be worth now?

1 ALDERFEN CLOSE might now be worth an estimated £347,458.

This is based on house price inflation of 28.7%, between August 2019 and June 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 28.7% inflationary increase is applied to the most recent sale price for 1 ALDERFEN CLOSE of £270,000 on 22nd August 2019. For the value to have increased from £270,000 to £347,458 over the six years and two months to June 2025, the following assumptions must hold true:

• The value of 1 ALDERFEN CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The August 2019 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ALDERFEN CLOSE has not materially changed since August 2019.

How Large is 1 ALDERFEN CLOSE?

1 ALDERFEN CLOSE is 106m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the smallest 50% 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 1 ALDERFEN CLOSE lies on this distribution: 48% of detached houses houses are smaller than 1 ALDERFEN CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Derby.

1 ALDERFEN CLOSE: Plot and Title Map

1 ALDERFEN CLOSE sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 1 ALDERFEN 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 1 ALDERFEN 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 1 ALDERFEN CLOSE?

1 ALDERFEN CLOSE is located in SHELTON LOCK, in the DE24 postcode district. The below map shows the position of No. 1 on ALDERFEN CLOSE.