1, VERE CLOSE, WILLINGTON, DERBY, DE65 6DD - £242,500

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.

1 VERE CLOSE is a very small detached house of 56m², built sometime between 1967 and 1975, which could now be worth an estimated £249,307. It was last sold for £242,500 in October 2022, which was around 29% below the average October 2022 detached price in the South Derbyshire local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

1 VERE CLOSE Sold Prices

Land registry data shows three sales for 1 VERE 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 South Derbyshire local authority area for the corresponding sale date. All of the three 1 VERE 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
2022 10 OCT	£242,500	£343,259	29% below HPI
2013 7 OCT	£141,500	£211,170	33% below HPI
2002 19 JUL	£97,950	£131,076	25% below HPI

1 VERE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The three 1 VERE CLOSE sales between July 2002 and October 2022 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 2013 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2022 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 1 VERE CLOSE be worth now?

1 VERE CLOSE might now be worth an estimated £249,307.

This is based on house price inflation of 2.8%, between October 2022 and June 2025, for detached houses, in the South Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.8% inflationary increase is applied to the most recent sale price for 1 VERE CLOSE of £242,500 on 10th October 2022. For the value to have increased from £242,500 to £249,307 over the three years and four months to June 2025, the following assumptions must hold true:

• The value of 1 VERE CLOSE has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The October 2022 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 1 VERE CLOSE has not materially changed since October 2022.

How Large is 1 VERE CLOSE?

1 VERE CLOSE is 56m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 10% of detached houses houses in Willington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Willington, and where 1 VERE CLOSE lies on this distribution: Less than 1% of detached houses houses are smaller than 1 VERE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Willington.

1 VERE CLOSE: Plot and Title Map

1 VERE CLOSE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 1 VERE 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 VERE 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 VERE CLOSE?

1 VERE CLOSE is located in WILLINGTON, in the DE65 postcode district. The below map shows the position of No. 1 on VERE CLOSE.