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

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

14 MEDINA CLOSE is a small detached house of 96m², built sometime between 1983 and 1990. It was last sold for £260,000 in May 2024, which was around 15% 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	£305,339	15% below HPI
2003 18 MAR	£146,000	£136,915	7% 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 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the May 2024 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

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 in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 14 MEDINA CLOSE lies on this distribution: 39% of detached 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.