14, MEDINA CLOSE, ALVASTON, DERBY, DE24 0UD - £260,000

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.

14 MEDINA CLOSE is a small detached house of 96m², built sometime between 1983 and 1990, which could now be worth an estimated £272,059. It was last sold for £260,000 in May 2024, which was around 14% below the average May 2024 detached price in the City of Derby local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

14 MEDINA CLOSE Sold Prices

Land registry data shows two sales for 14 MEDINA 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. One of the two 14 MEDINA CLOSE sales was for below the average price, whilst the other was 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
2024 24 MAY	£260,000	£303,626	14% below HPI
2003 18 MAR	£146,000	£137,104	6% above HPI

14 MEDINA 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 14 MEDINA CLOSE sales from March 2003 and May 2024 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 March 2003 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the May 2024 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 14 MEDINA CLOSE be worth now?

14 MEDINA CLOSE might now be worth an estimated £272,059.

This is based on house price inflation of 4.6%, between May 2024 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 4.6% inflationary increase is applied to the most recent sale price for 14 MEDINA CLOSE of £260,000 on 24th May 2024. For the value to have increased from £260,000 to £272,059 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 14 MEDINA CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The May 2024 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MEDINA CLOSE has not materially changed since May 2024.

How Large is 14 MEDINA CLOSE?

14 MEDINA CLOSE is 96m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 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 14 MEDINA CLOSE lies on this distribution: 38% of detached houses houses are smaller than 14 MEDINA CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Derby.

14 MEDINA CLOSE: Plot and Title Map

14 MEDINA CLOSE sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 14 MEDINA 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 14 MEDINA 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 14 MEDINA CLOSE?

14 MEDINA CLOSE is located in ALVASTON, in the DE24 postcode district. The below map shows the position of No. 14 on MEDINA CLOSE.